Tag: cigars

itm banner
Saka retires from Drew Estate

Saka retires from Drew Estate

| July 21, 2013

Steve Saka has retired as the CEO of Drew Estate, its family of companies and its subsidiaries. Saka joined the company as president in July 2005 and was promoted to CEO in July 2012. “The team at Drew Estate would like to thank Steve for all of his hard work and dedication over the past […]

Read More

Drew Estate acquires Heavenly Cigar

Drew Estate acquires Heavenly Cigar

| June 28, 2013

Drew Estate has acquired the Heavenly Cigar Co. of in Naples, Florida, USA. “We are extremely excited about this acquisition and look forward to building the Heavenly cigar brand further across the U.S.,” said Michael Cellucci, president of Drew Estate. “We believe that with our expertise and innovation we have the ability to fully realize […]

Read More

Revenue drop fires VAT rethink

Revenue drop fires VAT rethink

| May 14, 2013

In an unusual move that has attracted some criticism, India’s Uttar Pradesh state government has slashed the VAT on cigarettes and cigars from 50 percent to 25 percent. According to a report in the latest issue of the BBM Bommidala Group newsletter, the decision to reduce VAT was taken at a meeting of the state […]

Read More

Asia Marketing Services to represent Agio

Asia Marketing Services to represent Agio

| May 7, 2013

Royal Agio Cigars has appointed Asia Marketing Services as its agent for the Asia Pacific region. Asia Marketing Services will be responsible for coordinating the sales and marketing efforts of the Agio Cigars brands in the Asia Pacific domestic and travel retail markets. “This strategic partnership with Asia Marketing Services will enable us to continue growing […]

Read More

Villiger eyes the premium side

Villiger eyes the premium side

| May 3, 2013

The U.S. unit of one of the major players in the world of European-style, machine-made cigars is expanding its presence on the premium side of the business. Villiger Cigars North America, the U.S. arm of Villiger Söhne AG of Pfeffikon, Switzerland, has expanded its small but growing stable of handmade cigar brands, according to a story […]

Read More

Cigar makers hope to snuff out FDA efforts

Cigar makers hope to snuff out FDA efforts

| April 19, 2013

Cigar makers are trying to snuff out an effort by the Food and Drug  Administration to regulate their products for the first time. The FDA said in its regulatory agenda for the year that it would propose rules in April to expand federal oversight of tobacco products under the Family Smoking Prevention and Tobacco Control Act. The […]

Read More