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Written by Puff Staff

Friday, 17 December 2010

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davidoff new ceoindustry updates
smoking banstobacco legislation


The ban on such packages on passenger flights meant that the cigar suppliers in Europe could no longer send smaller containers as they had in the past. As a result, they had to stockpile their packages and send them to the United States on cargo planes. The combination of less frequent cargo flights and larger shipments made it much harder for the Cuban cigars to slip past customs. As opposed to having to inspect cigars coming in small shipments of single boxes, the latest seizure revealed tons of boxes that were loaded on pallets.

Importing Cuban products into the United States is illegal without a license from the United States Treasury Department. Due to the current embargo, customs officials are required to seize and destroy products imported from Cuba, including those beloved high-quality cigars. It's definitely a shame, but the tens of thousand of Cuban cigars seized in Chicago will not be enjoyed by anyone.

The anti-Cuban regulations still do not stop many from trying to order their cigars online. Many Swiss online retailers provide the service, although they do not always guarantee that the shipments will get past customs. Perhaps the fact that the cigars are illegal is a huge draw for buyers, or maybe it's because smoking a Cuban is an experience that's worth the risk.

Oettinger Davidoff Group names new CEO

oettdavid

The Oettinger Davidoff Group recently announced a change in leadership when it appointed Hans-Kristian Hoejsgaard as its chief executive officer. Hoejsgaard will officially become CEO of the Swiss-based maker of premium cigars on June 1, 2011, after he takes over for current CEO Dr. Reto Cina. The move comes to fill a void that will be left when Cina retires on May 31, 2011.

The most interesting aspect of Hoejsgaard's appointment as CEO of Davidoff is that he has no true experience in the cigar industry. While his resume may not be filled with cigar-related posts, it is filled with plenty of background in the area of luxury goods. In that sense, the move is a sensible one considering Davidoff's products definitely fit into the luxury category.

Hoejsgaard's experience in the luxury goods arena spans several varied companies. Hoejsgaard previously worked for spirits distiller Seagram, as well as a couple of high-end fragrance companies in the Lancaster Group and Guerlain. Other stops included one as CEO of Timex, as well as with Georg Jensen, a jewelry company.

Davidoff's decision to hire someone to lead despite no real experience in the cigar industry is nothing new. Current CEO Dr. Reto Cina was hired in 1997 under similar circumstances, as his past dealt with the food industry. While Cina was new to the cigar industry, his expertise in marketing made him an attractive selection for Davidoff at the time.

Davidoff is currently facing some obstacles ahead. The company has relocated its stateside operations down south from Connecticut to Florida. Besides the challenge that the move provides, Davidoff must also contend with a slumping economy and hope that its cigar sales do not diminish drastically. It should be interesting to see how Mr. Hoejsgaard leads Davidoff into its next chapter of history.






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