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05-01-2019, 05:28 PM | #1 |
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Imperial Brands
Imperial to sell premium cigar business in shift to vaping
Justin George Varghese, Sangameswaran S 3 Min Read (Reuters) - British tobacco group Imperial Brands said it would sell its global premium cigar business as part of plans to divest assets worth 2 billion pounds ($2.61 billion) by May 2020 to cut debt and invest in vaping products and other growth areas.
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05-02-2019, 06:25 AM | #2 |
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This is a huge deal, especially with all the FDA crap going on here in the United States.
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+In Memory of E.Guevara(Cubano67)W.Orlando(Shadow) A.Morris (Knife) D.Odom (dodom) D.Revermann (dgr) S.Bouchard (sb1396) M.Cole (Matt76) S.Faccenda (TOJE) R.Smith(IBMer) V.Vandermeer (van55)M.Davis(boxdoctor)S.Singer(bassman)K.Doetze l (drillrk1)D.Hart(garme1962)J.Coleman(John C 81)T.Gossett(Dartplayer1)J.Bolt (jb)E.J.Ferralles(CaballoPinto)M.Cataldo(FVFanMC)K Payne(SanchoPanza)F.Seltzer(Mowee)+LB+Connor Olson+Micah Kercheval+Maggie Bonefas+Karen |
05-02-2019, 11:59 AM | #3 |
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Not a surprise really. You just can't get kids to smoke cigars nowadays. :^)
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05-03-2019, 05:44 AM | #4 |
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No, but like vodka you can flavor it with anything and the amateur teens will buy the crap out of it.
And don't insult my intelligence telling me that vodka flavors are targeting adults. They're becoming Baskin-Robbins with that many flavors. It's like Camel cigarettes in the 80s. Joe Camel's nose and chin was a penis and balls. And if you don't believe that, look it up.
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05-28-2019, 11:29 AM | #5 | |
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Quote:
anyone who can get people to pay a couple thousand bucks for a couple of bottles and a rposed off table has found the market you want to find.
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05-29-2019, 09:50 AM | #6 |
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So Imperial which bought Altadis and JR and owns what 50% of the Habano industry gets out. I wonder if they will piece it out or if they will sell it as a big chunk.
Maybe if we do a gofundme....
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"Success is not final, failure is not fatal: it is the courage to continue that counts." - Sir Winston Churchill "A sick thought can devour the body's flesh more than fever or consumption." - Guy de Maupassant |
05-22-2019, 08:35 PM | #7 |
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There are still young guys enjoying cigars. (I guess I’m not that young anymore. )
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05-23-2019, 06:30 AM | #8 |
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You were young a few stars ago.
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+In Memory of E.Guevara(Cubano67)W.Orlando(Shadow) A.Morris (Knife) D.Odom (dodom) D.Revermann (dgr) S.Bouchard (sb1396) M.Cole (Matt76) S.Faccenda (TOJE) R.Smith(IBMer) V.Vandermeer (van55)M.Davis(boxdoctor)S.Singer(bassman)K.Doetze l (drillrk1)D.Hart(garme1962)J.Coleman(John C 81)T.Gossett(Dartplayer1)J.Bolt (jb)E.J.Ferralles(CaballoPinto)M.Cataldo(FVFanMC)K Payne(SanchoPanza)F.Seltzer(Mowee)+LB+Connor Olson+Micah Kercheval+Maggie Bonefas+Karen |
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Altadis, Altadis S.A., Altadis USA, Imperial Tobacco |
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