JT to end 3 brands such as "Wakaba" and "Echo"
Japan Tobacco Inc. (JT) announced today that it will discontinue sales of the three brands of Wakaba, Echo and Golden Bat when they are out of stock from October. Since the reduced tax rate for stocks called "old third-class products" will be abolished at the end of September, a significant price increase is inevitable, and it was judged that it would be difficult to continue sales. "Wakaba", "Echo" and "Golden Bat" = The three joint brands will be released in 1906, Wakaba in 1906, Wakaba in 1966, and Echo in 1968. Because of the lower tax rate than regular cigarettes, it has long been popular with smokers as an affordable cigarette. In the future, the brand will be handed over to cigar-type...
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Industry
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Global / Non-Specific
- Japanese
- Cigars