LATEST ALERTS
UK-based tobacco group Imperial Brands has acquired a range of nicotine pouch products from Canadian manufacturer TJP Labs for £65m, and said the move would facilitate its entry into the US modern oral nicotine market
Swedish Match’s sales of smoke-free products boomed in the first quarter of 2020, with the segment recording a 35% year-on-year increase to SEK2.508bn (€234m)
US tobacco giant Altria has appointed Billy Gifford as CEO. Gifford, previously vice-chairman and CFO, steps up to take over as CEO from Howard Willard, who is retiring after 28 years with the company
Swedish Match is to increase production of its tobacco-free nicotine pouch ZYN to 200m cans a year after a steep rise in demand in the US
British American Tobacco (BAT)’s “modern oral” portfolio has been one of the main drivers helping the company achieve good results in 2019 for its next-generation products category, which overall increased globally by 36.9%
While politicians in Germany continue to debate a future ban on tobacco-related advertising, new figures show that expenditure on ads by the country’s tobacco industry has increased
Falling sales of Japan Tobacco’s heated tobacco device Ploom Tech have hit the company’s total revenue from reduced risk products, which fell by JPY7.1bn ($65.7m) to JPY17.8bn ($164.6m) in Q3 2019
PMI confidently expects to shift more heated tobacco devices and consumables in the next few years as a fall is anticipated in sales of combustible cigarettes
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