Important Industry News
Important Industry News
Leading premium cigar manufacturers announced they will not attend the 2020 PCA trade show.
To Our Valued Customers:
After much thought and consideration, like several other manufacturers, we have decided not to attend the 2020 PCA tradeshow. This decision reflects our strong belief that changes are needed for our entire industry to succeed going forward.
STG’s commitment to supporting the premium tobacco industry across all fronts remains as strong today as it always has been for last 250 years. We will continue to be open and honest about our plans to protect the interests of manufacturers, retailers and consumers.
As we move into the new year, we want you to know that we are committed to using resources that were previously allocated to the tradeshow to further enhance best-in-class trade programs, product offerings and consumer programs that continue to fuel growth for our business partners.
|LEADING PREMIUM CIGAR MANUFACTURERS|
|NOT ATTENDING 2020 PCA TRADE SHOW|
Today, leading premium cigar manufacturers Altadis USA, Davidoff of Geneva USA, Drew Estate, and General Cigar / STG, are announcing that they will not attend the 2020 PCA trade show. This decision, which each of our companies reached unilaterally after careful consideration, reflects our strong belief that structural change in the trade show is in the long-term best interests of the entire premium cigar industry and its customers.
Over recent years, an increasing number of retailers and manufacturers have come to recognize an unfortunate set of facts:
After six months of repeated outreach to PCA, various efforts to discuss ways to enhance the structure, organization, and value of the show – for the benefit of retailers, manufacturers, distributors, and consumers – were unsuccessful. Absent significant improvements, the trade show will continue its downwards spiral. As “customers” of the trade show, it has become increasingly evident to each of us that we simply cannot continue to support and underwrite an event that is not satisfactorily responding to, or meeting, the needs of our industry.
Looking ahead to 2020, each of us is individually committed to using resources previously devoted to the show and repurpose these funds towards achieving two important goals for our industry. One, to enhance the best-in-class trade programs and product offerings that continue to fuel the success of our retail partners. Two, to continue being at the forefront in the fight to protect the interests of the entire premium cigar industry against the imposition of unreasonable burdens that restrict our industry’s ability to market and sell our products to adult consumers.
We recognize that some may mischaracterize our decision, distort the truth, or misrepresent facts. Let each of us be clear. Our commitment to our industry and to our retail partners has never been stronger. Our sole motivation is to seek pathways that are more valuable for the entire premium cigar industry.
Lastly, we each remain committed to engaging in transparent and honest dialogue with any and all industry partners about how best to reinvigorate our trade show, as well as to preserve and protect the interests of the entire premium cigar industry. The betterment, advancement, and ongoing success of our industry has been – and remains – our only motivation and goal.