Pilot schemes in emerging markets are ongoing, with initial encouraging results in Pakistan and Indonesia. In Kenya, we have temporarily suspended sales due to local regulatory challenges and continue to engage with the local authorities. In the US, we strengthened our portfolio of modern oral products by the acquisition of certain assets from Dryft, with national rollout continuing in early We are proud of how much we have already achieved, but there is more to do.
We will accelerate our progress to generate a larger proportion of our revenue from products other than cigarettes, in turn reducing the health impact of our business. With the addition of leading brands in the U. In November , we announced that we are creating three global brands for our New Category product portfolio : Vuse for vapour products; Velo for modern oral products and glo for tobacco heating products.
This will further accelerate the growth of our New Category business, creating fewer, stronger and more trusted international brands. We made good progress, but the disruption caused by COVID means we have had to defer those plans until in a number of markets. We also have many international and local cigarette brands which, although not part of our Strategic Portfolio, remain popular in many countries in which we operate.
These products are not risk free and are addictive. Wall Street Journal. Accessed Oct. John Middleton Co. Pouch Product. Company Profiles. Dividend Stocks. Alternative Investments. Your Privacy Rights. To change or withdraw your consent choices for Investopedia. At any time, you can update your settings through the "EU Privacy" link at the bottom of any page.
These choices will be signaled globally to our partners and will not affect browsing data. We and our partners process data to: Actively scan device characteristics for identification.
I Accept Show Purposes. Your Money. Personal Finance. Your Practice. Popular Courses. News Company News. Only Employees. Article Sources. Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate.
You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. Compare Accounts. The offers that appear in this table are from partnerships from which Investopedia receives compensation. This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.
Related Articles. Partner Links. Related Terms Consumer Goods Definition Consumer goods are the products purchased by the average consumer. Peter R. Dolan Peter. Dolan is the chair of the board of Allied Minds Inc.
Marlboro Friday Definition Marlboro Friday refers to Friday, April 2, , when Philip Morris announced a drastic price cut for Marlboros to compete with generic cigarette makers. Who Is Ann S. Ann S. About Altria At-A-Glance. Our Vision by is to responsibly lead the transition of adult smokers to a smoke-free future. Our Heritage. Philip Morris USA. Smokeless Tobacco Co. John Middleton. A Leading Manufacturer of Cigars and Pipe Tobacco Middleton's roots in tobacco date back to the founding of a small Philadelphia tobacco shop in to serve customers seeking cigars and pipe tobacco.
Our Leadership Meet the team leading Altria and its Operating Companies, helping them remain the undisputed market leaders in the U.
0コメント