SmokeFree

Philip Morris International Considers Divesting Cigar Division as Part of Smoke-Free Strategy

1 month ago

In a significant strategic shift, Philip Morris International (PM) is contemplating the sale of its cigar business as the company intensifies its focus on smoke-free products. This move reflects a broader trend within the tobacco industry, as companies react to changing consumer preferences and increasing regulatory pressures regarding traditional tobacco products.

Philip Morris to Shut Down German Cigarette Plants Amid Declining Sales

5 months ago

In a significant blow to the traditional tobacco industry, Philip Morris International has announced the closure of its cigarette manufacturing facilities in Germany. This decision comes as a direct response to a marked drop in cigarette sales, reflective of changing consumer preferences and broader trends favoring alternative nicotine products, such as e-cigarettes and heated tobacco devices.