Imperial Brands PLC (“Imperial”) has announced it has agreed the sale of its worldwide premium cigar businesses (“Premium Cigars”) to investment consortia of individual investors in two distinct transactions for a total consideration of €1,225 million (1,329 million USD), which represents a multiple of 11.8x FY19 EBITDA on a standalone basis. The disposal reinforces Imperial’s focus on simplifying its business and realising value for shareholders. The sale multiple recognises the luxury nature of the businesses’ […]
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Today, J. Glynn Loope announced that he will be stepping down as Executive Director of Cigar Rights of America (CRA) on November 4, 2020, the day after Election Day. Loope has led CRA since 2008 and is leaving to pursue other opportunities. “It has been a privilege to champion the rights of adult consumers to enjoy a premium cigar,” said Loope. “I am very proud of the work that CRA has accomplished giving a voice […]
In 2016 Davidoff hired street artists Mike Baca & Fernando Romero to serve as brand ambassador for “The Remake” of Zino Platinum. In April of 2019 the duo who collectively make up URNY completed their artwork on the outside of Two Guys Smoke Shop in New Hampshire during a series of events. Now, that artwork makes it to the box of this highly collectible and exclusive limited edition available beginning on Thursday at 10am, April […]
Two Guys Smoke Shop of Salem, Nashua, and Seabrook, New Hampshire will be celebrating it’s 35th Anniversary on September 16, 2020 by giving away up to $35,000. Two Guys Smoke Shop, a very popular New England Cigar Shop, has not only become known for being the highest volume independently owned and operated retail cigar shop in America, but also for it’s elaborate Anniversary events which have included everything from giving away Harley Davidson Motorcycles, Hummer […]
Miami Cigar & Company notified their retail partners today that beginning Wednesday, March 18th, 2020 all orders will be placed on a temporary hold due to growing concern that future orders will be held in transit. According to Jason Wood VP of Miami Cigar & Company, “The delayed shipping is a tentative schedule and is subject to change, but this is where we are now.” Miami Cigar & Company has brands, Nestor Mirada Collection, Nestor […]
The President of Honduras, Juan Orlando Hernández has ordered the shut down of all cigar rolling in the country of Honduras for at least 7 days. The Central American country has 6 cases of COVID-19 at the time of writing this. In an effort to combat the spread, the country has prohibited the gathering of more than 50 people and shut down non-essential businesses. The move comes as many countries struggle to slow the spreading […]
The Tobacconist Association of America has informed its members they will be postponing their annual TAA Meeting and Convention which as supposed to take place later this month at Sheraton Hacienda del Mar in Los Cabos, Mexico. In a message to their members they stated, “Health and safety is the top priority for the TAA members who are scheduled to attend this year’s TAA Annual Meeting and Convention. Unfortunately due to COVID-19, we are officially […]
Yesterday the House of Representatives passed a resolution that cleared the way for a vote on HR 2339 that is expected to happen today February 28th, 2020. The vote is expected to pass the legislation on to the Senate, however the Office of Management and Budget released a statement against the bill. The letter states, The Administration opposes H.R. 2339. The Administration is encouraged by legislative efforts to protect American youth from the harms of […]
The beautiful town of Cava de’ Tirreni, located in the Southern region of Campania is home to the famous “half cut”, aromatic Toscano cigars known the Toscanello. The Toscanello line has been seeing incredible growth in recent years, with the Toscanello Rosso Caffè (the cigar with Aromatic intensity of your favourite morning espresso and notes of almond) holding the number one spot in aromatic cigars, worldwide. The Toscanello line embodies everything indicative of authentic Italian […]
This weekend on The Cigar Authority we fired up Kristoff Criollo which was the Prime Selection for the care package. As has become customary we feature a full review of the cigars features on the podcast. According to the Kristoff website, “Kristoff Criollo is made in the spirit of an elite Cuban cigar, the Kristoff embodies the taste and richness a true aficionado is looking for. With a rich oily wrapper, pigtail and uncut foot, […]