Imperial Brands Lowers Next-Generation Product Budget Following Losses

In 2020, Imperial’s NGP sales fell 27%, prompting a 124 million pound ($170 million) writedown on the business. To offset this loss, the company is increasing its tobacco market share in its top five markets with gains in the United States, UK and Spain, and declines in Germany and Australia. Imperial will also target tobacco-heating … Continue reading Imperial Brands Lowers Next-Generation Product Budget Following Losses