More HSA cigar price increases coming soon

[puff o'wind]

Give it 12 to 18 months and the worlds finances will surely realign. I believe we are in a post covid dividend bubble. Hope so anyway...

[Moley]

Time to start smoking NC's then i guess

Better choices, better prices, but we all love a CC

[ha_banos]

https://www.prnewswire.com/news-rele...revious%20year.

"The 2021 results confirm the solid path we are on, despite the crisis caused by Covid-19. Last year we surpassed the $500 million mark for Premium cigar sales worldwide, an all-time record for the category and a testament to the enormous potential of our business. We are very proud to lead the premium cigar category and to continue to grow despite the situations experienced over the past two years,"

So these price rises are on top of record revenues.

[Shaun]

https://www.prnewswire.com/news-rele...revious%20year.

"The 2021 results confirm the solid path we are on, despite the crisis caused by Covid-19. Last year we surpassed the $500 million mark for Premium cigar sales worldwide, an all-time record for the category and a testament to the enormous potential of our business. We are very proud to lead the premium cigar category and to continue to grow despite the situations experienced over the past two years,"

So these price rises are on top of record revenues.

I guess the issue is people are buying their product in one market and selling for 3/4/5x that in another market(China) so I can see why they would try and cash in. However they risk alienating the majority of their customers with this and in many parts of the world cigar smoking is already expensive and restricted as it is.

This money will just go into the pockets of the already rich in Cuba while the farmers and normal people suffer.

[kern47]

I guess the issue is people are buying their product in one market and selling for 3/4/5x that in another market(China) so I can see why they would try and cash in. However they risk alienating the majority of their customers with this and in many parts of the world cigar smoking is already expensive and restricted as it is.

This money will just go into the pockets of the already rich in Cuba while the farmers and normal people suffer.

So if those people would go to such lengths as shipping/bringing them all the way over from Spain, to avoid paying Hong Kong/China prices, what suddenly makes them think they're going to start paying those prices now?

If I had to pay UK prices for all my cigars, I simply wouldn't smoke cigars. Although I'm sure there are plenty of people in China who will just be able to shrug it off...

Sent from my SM-G975F using Tapatalk

[Shaun]

You misunderstand, middle men are buying them in cheap markets and selling them in China at inflated prices. This moves aims to kill that market. Cuba is effectively cutting out this middleman and cashing in.

Sent from my SM-G986B using Tapatalk

[kern47]

You misunderstand, middle men are buying them in cheap markets and selling them in China at inflated prices. This moves aims to kill that market. Cuba is effectively cutting out this middleman and cashing in.

Sent from my SM-G986B using Tapatalk

Ahh I see! I thought it was people doing it themselves.

Couldn't HSA just make it easier to buy their cigars in China? So people wouldn't have to use middle man and pay more for the privilege? Just sell less to Europe and sell more in China and people wouldn't have to do it themselves?

But then I suppose if they can sell them for that price, why not sell them all that way...

[ha_banos]

This is the breakdown from last year, be interesting to see next years! As people wont be buying from cheap Europe to ship to expensive regions. No idea if H&F and Fifth Ave.(Germany, Aus, Poland), Laguito (Benelux), Tabacalera (Spain) all get the same rates within Europe, doubt it......

Europe 59% of sales volume
Asia Pacific 16%
America 14%
Africa and the Middle East 11%

ref. https://www.habanos.com/en/news/haba...llion-dollars/

[Thebigsmoke]

I've got into this hobby at the wrong time

[Haaltert]

The price increases have hit the market already.
One of my Tenerife sources confirmed pricing on BHK56!

Last year these went for 599, new price is . ........ 2200€!!!!!


Verzonden vanaf mijn iPad met Tapatalk

[ha_banos]

The price increases have hit the market already.
One of my Tenerife sources confirmed pricing on BHK56!

Last year these went for 599, new price is . ........ 2200€!!!!!


Verzonden vanaf mijn iPad met Tapatalk

Bargain! https://www.cgarsltd.co.uk/cohiba-be...ox-p-8634.html

[gojira]

Crazy, I'm off to buy some vintage cigars. Way cheaper...

[Shaun]

Bargain! https://www.cgarsltd.co.uk/cohiba-be...ox-p-8634.html

Lol total sharks.

Sent from my SM-G986B using Tapatalk

[ha_banos]

Lol total sharks.

Sent from my SM-G986B using Tapatalk

or if you prefer https://www.davidofflondon.com/produ...37704076755097

besides all out of stock, so lets see when things come back available!

[Midas]

Maybe for the next Hurf we buy a single between us and puff, puff, pass. Covid tests required beforehand of course


Sent from my iPhone using Tapatalk