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Daily News on Vape Industry August 26th, 2024


2024-08-26
  1. The police in Pleasanton, California, and the tax department raided three tobacco shops and seized illegal tobacco products worth more than US$130,000. The seized vapesincluded brands such as “GEEKBAR” and “FLUM” .

 

  1. Philip Morris International has launched VEEVONE pre-filled vapesets and ZYN nicotine pouch sets for sale on multiple retail platforms in the UK. The promotion is up to 50% off and the price is only 6.99 pounds.

 

  1. The 2024 semi-annual report of SKETechnology Co., Ltd. shows that revenue in the first half of the year fell 14.56% year-on-year to 1.575 billion yuan, and the vapebusiness declined significantly due to market competition.

 

  1. The United Kingdom’s Scottish United Wholesale Company has launched an vapedelivery service, claiming to provide retailers across the UK with exclusive brands with profit margins of up to 50%, covering well-known brands such as ELFBAR, LOSTMARY, SKE and IVG and exclusive partner products. Help British retailers expand their markets.

 

  1. Japan Tobacco International announced that it will invest 30 million euros in its Trier factory in Germany to build a new production line known as the world’s only one for processing heated tobacco cartridges, which is expected to be put into operation in 2026.