LONDON (Reuters) - Japan Tobacco International expects a shift towards cheaper cigarette brands in the United States to reach more than 40% of the market by 2027, its finance chief told Reuters.

While budget cigarette brands have increased their prices, premium brands have maintained static pricing, creating what officials described as “competitive distortions.” Imported premium ...

A well-known cigarette-maker informed me the other day how cheap cigarettes are introduced into the retail market. View Full Article in Timesmachine » Advertisement ...

“Shares in Imperial Brands, the tobacco giant behind JPS, Davidoff, Winston and Gauloises, trade at a five-year high, despite higher duties on cigarettes and vapes in the latest UK Budget.