STG Acquires Thompson for $62mm
Thompson has found a buyer. Scandinavian Tobacco Group—the publicly-traded company that owns General Cigar Co. and Cigars International—has acquired Thompson and Co. of Tampa, Inc.,…
2017 Awards: Company of the Year
For the most part, this was not a year of bold risks, massive capital expenditures or complete reboots. Instead, thanks to reasons FDA-related and not,…
Ten Questions for 2018
It’s almost 2018, which means it’s time for my annual article of speculation. For the last eight years, something that actually precedes halfwheel, I will ask…
Cigars International Details Plans for Texas Expansion
In late 2012, Cigars International completed the largest free-standing cigar store in the world: a multi-story, 12,000-square-foot retail space disguised like a hunting lodge in…
Swedish Match Sells STG Stake, Exits Premium Cigar Business
Swedish Match, once the largest player in the U.S. premium cigar industry, is no longer in the premium cigar business. The company announced that its…
STG, Parent of Cigars International, Confirms Two Texas Stores for 2018
Scandinavian Tobacco Group announced its Q3 financial results and more importantly for those in Texas confirmed it was opening two new retail stores in the…
STG Announces Q3 Results, Confirms Cigars International Expansion
Cigars International was once again the main feature of Scandinavian Tobacco Group’s (STG) quarterly results. STG, which also owns General Cigar Co. amongst others, reported quarterly…
Cigars International Building Stores in Texas
The world’s largest cigar retailer is heading to Texas, as Cigars International is finally moving forward with a long talked-about Texas expansion. Craig Reynolds, president of…
STG Reports Poor Q2 Results
Scandinavian Tobacco Group (STG) has announced its financial earnings for the second quarter and as expected the results aren’t great. The parent company of General…
STG Launches Humi-pack for International Markets
Scandinavian Tobacco Group (STG) has introduced a new single-cigar packaging unit designed to allow customers to keep their cigars fresh without the need for a…
STG Stock Drops 16 Percent After Guidance Downgrade
While there’s actually at least one publicly traded cigar company, there’s really only one company whose stock is tied primarily to cigars: Scandinavian Tobacco Group….
