Simply Credit Help – Debt and Bad Credit Improvement Advice
customer-takes

Electronic Marlboro sucks Japanese smokers away from Japan Tobacco

August 12, 2016 by · Leave a Comment 

By Ritsuko Shimizu TOKYO (Reuters) – Marlboro maker Philip Morris International says its e-cigarette has rapidly captured close to 3 percent of Japanese tobacco sales, making inroads into a market Japan Tobacco (JT) relies on for 40 percent of its profit. In what may be an early vindication of Philip Morris's e-cigarette strategy, the iQOS accounted for 2.2 percent of Japan's tobacco sales in the quarter ended June 30, a company spokesman said.

Continued here:
Electronic Marlboro sucks Japanese smokers away from Japan Tobacco