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Key takeaway: South Korean activist fund Flashlight Capital Partners (FCP) may sue KT&G directors, alleging they failed in oversight related to the use of the company’s own shares, resulting in losses exceeding 1 trillion won. KT&G says the share investme
Key takeaway: Family Shopper in Wythenshawe, UK, faces a license review after a large quantity of illegal tobacco products and vaping devices were found on the premises.
Key takeaway: Why have new tobacco products and devices gained such broad public exposure in Japan? Could other countries follow or emulate this approach? And will Japan’s promotion of next-generation tobacco products shift in the future?
Key takeaway: Bluefield, Virginia is considering a new licensing system for vape shops, aiming for stricter oversight and exploring restrictions on tobacco product sales by vape shops and other retailers.
Key takeaway: The Russian State Duma Budget Committee has backed a tax bill on digital labeling for tobacco and nicotine products. Starting from the end of 2023, excise administration procedures will change after the shift to digital labels. Tobacco produ
Key takeaway: In December, China exported about $62.13 million worth of e-cigarettes to South Korea, down 18.3% month on month and 15.54% year on year.
Key takeaway: The US FDA responded to Two Supremes regarding the marketing denial orders issued for 22 SMOK products.
Key takeaway: In December, China exported about $149 million worth of e-cigarettes to the UK, up 56.31% month on month and 35.06% year on year.
Key point: U.S. President Biden faces a decision on banning flavored tobacco, a move that could affect his prospects in the 2024 election. The administration is under pressure from states to make a prompt decision on a menthol cigarette ban.
Key point: The board of South Korean tobacco giant KT&G lacks professional expertise, resulting in major decision-making errors; compared with Philip Morris International, the world’s largest tobacco company, KT&G’s external directors appear less qualifie
Key point: Imperial Tobacco has launched the Blu Bar 1000 disposable vaping device, priced at £5.99 and offering up to 1,000 puffs.
Key point: Includes a list of vaping brands exhibiting at 2024 TPE.