STG Reports Moderate Sales Growth for Q3
Scandinavian Tobacco Group (STG)—parent of General Cigar Co., Cigars International, Thompson Cigar and others—has reported its results for the third quarter of 2018: sales are…
Scandinavian Tobacco Group Plans 100+ Layoffs
Scandinavian Tobacco Group (STG), the parent company of General Cigar Co. Cigars International and others, has announced that it is planning 100-120 layoffs of white-collar…
Café Crème Renamed In Certain Markets
One of Scandinavian Tobacco Group’s (STG) biggest brands is getting renamed in certain markets. The company has announced that its cigarillo brand Café Crème will be renamed…
Scandinavian Tobacco Group Acquires Peterson Pipe Tobacco Brands
Scandinavian Tobacco Group A/S, the parent company of General Cigar Co., has announced that it has closed a deal to acquire the entire premium pipe…
STG Announces New CFO
Earlier this year, Scandinavian Tobacco Group, the parent company of Cigars International and General Cigar Co., announced that its chief financial officer would be leaving…
STG Announces Q1 2018 Results
The world’s largest cigar company started off 2018 in the right direction. Scandinavian Tobacco Group (STG)—which owns Cigars International, General Cigar Co., Thompson Cigar and…
General Cigar Co. Promotes Chris Tarr to VP of Marketing, Restructures Sales Team
Chris Tarr will be the new vp of marketing for General Cigar Co. Tarr most recently served as region manager for the west region for…
STG Completes Thompson Purchase
Scandinavian Tobacco Group (STG) has announced that it has finalized its $62 million purchase of Thompson and Co., a Tampa-based cigar retailer. While the deal…
STG Announces 2017 Financial Results, Stock Drops
Scandinavian Tobacco Group A/S (STG), the parent of Cigars International and General Cigar Co., announced its 2017 financial results. As expected, the results were not positive….
STG CFO Resigns
Sisse Fjelsted Rasmussen will resign as the chief financial officer of Scandinavian Tobacco Group (STG). Rasmussen has been with STG since 2008, which includes the company’s…
A Statement on the Thompson Sale & the IPCPR
This week in Washington D.C. the board of the IPCPR, the International Cigar & Pipe Retailers Association, will meet for a semi-annual meeting. Amongst the…
