Articles Tagged with sales

China, Cuba Cigar DealHabanos S.A.’s revenue from international sales rose 12 percent to a record ~$500 million in 2017 thanks to the growing Cuban cigar market in China, the company announced Monday at the annual cigar festival in Cuba.

Habanos S.A., jointly owned by Cuba’s state-run Cubatabaco and Britain’s Imperial Brands, owns the trademarks of every brand of Cuban-made cigars and cigarettes exported globally, including high-end brands like Montecristo, Cohiba, Romeo y Julieta, and Partagas.

The company announced that sales in China rose 33 percent in value last year. The Chinese export market is the company’s third largest after Spain and France.

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