This afternoon Perdomo Cigars sent out a letter to retailers thanking them for their loyalty and patronage. They also announced a price increase on some of their cigar lines.
Perdomo will continue to absorb the SCHIP, however for only the 6th time in their 22-year company history they raising their prices. The price increase is attributed to the rising labor rates and manufacturing costs in Nicaragua.
The following lines are going up $0.25 on the retail level which averages out to roughly 3% and is on the following lines and will go into effect on March 1, 2015.
Reserve Champagne Series
Grand Cru 2006
Perdomo2 (Squared) L.E. 2008
Perdomo Limited Cameroon Edition
In addition to the price increase, they also announced at least three new lines in 2015 including; Small Batch Series, Special Craft Series and Factory Tour Blend.