January 21, 2021
Arturo Fuente will keep cigar prices the same for over 99% of its entire production
As part of its continuing commitment to local brick & mortar tobacconists, as well as considering the overall hardships caused by COVID-19, Arturo Fuente announced today that it will keep prices the same for over 99% of its entire production of cigars as it begins 2021. “The Fuente family has experienced and overcome major difficulties and tragedies during our 109 years in the premium cigar industry, and our long-standing principles and values dictate that we must do our best to assist in times like these,” said Carlos “Carlito” Fuente, Jr., President of The Fuente Companies. “We are committed to selling the highest-quality cigars at the fairest prices, and we work hard to keep our prices at or below market.” For the less than 1% of cigars that will have a minor price adjustment, it will only be an average increase of 3% among a few select sizes.
“We will make every effort to postpone any further necessary changes and will revisit this situation later in the year as life returns to normal,” said Carlito. “In the meantime, I do want to emphasize that we enter this new year with great enthusiasm and optimism for our wonderful industry. We are grateful for the amazing and consistent support over the years, and we truly BELIEVE that this year will be the best one yet!”
This announcement is effective immediately.