Tag: Swedish Match

  • ‘Dalligate’ Aide Dies

    ‘Dalligate’ Aide Dies

    Photo: Bits and Splits

    Silvio Zammit, a key figure in the “Dalligate” snus bribery scandal, died at age 57, reports Malta Independent.

    A Maltese businessman and political canvasser for former EU Health Commissioner John Dalli, Zammit allegedly tried to solicit a €60 million ($68.20 million) bribe from Swedish Match in exchange for using his influence to lift the EU ban on selling snus.

    Swedish Match rejected the offer as improper and reported it to the European Commission.

    The European Commission forced Dalli to quit in 2012 after the EU’s anti-fraud office uncovered the bribery attempt. Zammit was charged in December 2012 for trading influence and complicity in the request.

    The case against Dalli continues. On Feb. 9, 2022, he appeared in a Maltese court charged with bribery and trading influence, according to Euractiv.

    Dalli has repeatedly said that he was framed, set up by the tobacco lobby to delay his draft anti-smoking legislation.

    A Maltese investigative journalist, Daphne Caruana, who made various allegations against Dalli in her blog “Running Commentary,” was murdered in October 2017.

  • Record Year for Swedish Match

    Record Year for Swedish Match

    Photo: Swedish Match

    Swedish Match reported record sales and operating profit in 2021, with double-digit growth in both revenues and earnings in local currencies across all product segments.

    Full-year growth was driven by strong performance in the Smokefree product segment with considerable growth in both the U.S. and Scandinavia. Growing demand for natural leaf cigars drove the robust full year local currency financial performance for the Cigars product segment. The lights product segment too displayed strong underlying performance.

    Fourth-quarter performance was driven by the company’s Smokefree segment, with continued strength in the U.S. and Scandinavia. Sales and earning for the Cigars segment declined during the fourth quarter, due in part to production restraints.

    In local currencies, sales increased by 16 percent for the full year and by 12 percent for the fourth quarter. Reported sales increased by 11 percent to SEK18.49 billion ($2 billion) for the full year and by 15 percent to SEK4.75 billion for the fourth quarter.

    In local currencies, operating profit from product segments increased by 19 percent for the full year and by 11 percent for the fourth quarter. Reported operating profit from product segments increased by 14 percent to SEK8.14 billion for the full year and by 15 percent to SEK1.96 billion for the fourth quarter.

    “Our sales performance in 2021 was outstanding, hitting a new all-time high,” said Lars Dahlgren, CEO of Swedish Match, in statement. Dahlgren was particularly pleased with the performance and potential of the company’s nicotine pouches, which grew by more than 50 percent in the U.S. and Scandinavia in 2021.

    “The total addressable market for nicotine pouches includes cigarette smokers, but also draws from other oral tobacco products, as well as from the growing pool of consumers who currently use vape
    products but have found our nicotine pouches to have greater appeal,” said Dahlgren.

  • Red Man Rebrands as America’s Best Chew

    Red Man Rebrands as America’s Best Chew

    Photo: Swedish Match

    Swedish Match is rebranding its Red Man chewing tobacco to America’s Best Chew to better align with the company’s contemporary values. The name change comes as the product celebrates its 135th anniversary.

    While the new packaging will reflect the rebrand, the product is the same. According to Swedish Match, consumers can expect the same high-quality chewing tobacco that has been enjoyed by generations, right down to the unmistakable aroma, texture and flavor.

    “Understanding that an essential part of being America’s best means being a leader, Swedish Match worked diligently over the past several months to make changes in response to our heightened awareness and our desire to be more inclusive,” said Joe Ackerman, vice president of marketing at Swedish Match, in a statement. “Consumers and diverse agency partners were selected to participate in the rebranding research. It was critical and valuable for us to gain these insights and recommendations to develop America’s Best Chew packaging.”

    “I applaud the Swedish Match company for retiring the use of ‘Red Man’ as a product name,” said Cherokee Nation Principal Chief Chuck Hoskin, Jr. “Nationally, we are moving away from the use of derogatory terms and depictions of Native Americans as product mascots because representations are stereotypical caricatures, and they do not honor us or reflect how we live and thrive, both as individuals and as unique Tribal Nations today. The announcement to change the brand’s name and imagery gives us hope that more companies, schools and sports teams hear us and that we will continue to make impactful national changes for the betterment of Indian Country.”

    “This decision exemplifies the global awakening of these harmful practices toward Indigenous Peoples and gives us hope that others will follow Swedish Match’s bold and courageous lead,” said Fawn Sharp, president of the National Congress of American Indians.

    “While the phrase ‘America’s Best Chew’ may have gone unnoticed to some, it is an essential part of who we are,” according to Ackerman. “It represents our founder John Pinkerton’s passion and commitment to quality. More importantly, America’s Best Chew was the promise that Pinkerton made 135 years ago when he created the original recipe and innovative flavoring process that we still use today.”

    The transition to the new America’s Best Chew packaging will begin within the next few weeks.