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Jul.31.2022
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BAT H1 2025 Trading Update: Velo Volume Share Hits 29.7%, Vuse Revenue Falls 15%, glo Hilo Set for Broader Expansion
BAT H1 2025 Trading Update: Velo Volume Share Hits 29.7%, Vuse Revenue Falls 15%, glo Hilo Set for Broader Expansion
BAT’s H1 2025 revenue slightly beat expectations, with full-year growth forecast at 1–2%. Velo grew to 29.7% share in key markets; U.S. revenue surged. Glo Hilo doubled conversion in Serbia, set for wider rollout. Vuse revenue down ~15% amid illicit competition, but Vuse Ultra launch may aid H2 recovery.
Jun.03 by 2FIRSTS.ai
South Korea’s KT&G Pledges $290,000 to Support Tobacco Farmers’ Health Checks and Training Programs
South Korea’s KT&G Pledges $290,000 to Support Tobacco Farmers’ Health Checks and Training Programs
South Korea’s KT&G has announced a 400 million won (approximately USD 290,000) initiative to support tobacco farmers through health checkups and educational training programs. Demonstrating tangible support, company employees also joined farmers in the tobacco harvesting process.
Jul.01 by 2FIRSTS.ai
Product|E-cigarettes Draw Inspiration from Heated Tobacco Designs as Multiple Brands Launch Open Systems Similar to IQOS Iluma
Product|E-cigarettes Draw Inspiration from Heated Tobacco Designs as Multiple Brands Launch Open Systems Similar to IQOS Iluma
Recently, several e-cigarette brands have launched magnetic open-system devices with designs resembling heated tobacco products like IQOS Iluma. Some of these products are already on the market, while others remain in the demonstration phase, reflecting a new wave of evolution in industry structural design and user experience.
Jul.16 by 2FIRSTS.ai
UK Bans Disposable E-Cigarettes, Market Shifts to Reusable Alternatives
UK Bans Disposable E-Cigarettes, Market Shifts to Reusable Alternatives
Starting June 1, the UK officially implemented its disposable e-cigarette ban, prohibiting the sale of non-refillable and non-rechargeable products. According to the Financial Times, several major brands have quickly released reusable versions with similar designs, raising concerns among experts about the effectiveness of the policy.
Jun.03 by 2FIRSTS.ai
Interview: UAE Vape Distributor My Vapery Urges Chinese Manufacturers to Focus on Function and Quality Over Excessive Design Innovation
Interview: UAE Vape Distributor My Vapery Urges Chinese Manufacturers to Focus on Function and Quality Over Excessive Design Innovation
UAE vape distributor My Vapery told 2Firsts the black market making up nearly 50%. Stronger enforcement has raised the legal market’s share to 60% despite high taxes. The company urges Chinese manufacturers to focus on functionality and quality over design innovations.
Jul.08 by 2FIRSTS.ai
2Firsts Special Report: Legal Uncertainty Wreaks Havoc on Poland’s Tobacco Market
2Firsts Special Report: Legal Uncertainty Wreaks Havoc on Poland’s Tobacco Market
Poland’s new tobacco bans and tax hikes have triggered market chaos and a surge in illicit trade. Experts warn these measures may deter investment, push smokers back to cigarettes, and cloud the industry’s outlook with uncertainty.
Jul.29