Browsing: Tobacco

The battle against tobacco use has stalled worldwide.

The Commission was established to recommend a set of actions to accelerate an end to adult smoking and other toxic tobacco use.

Chaired by Ambassador (ret.) James K. Glassman, former U.S. Under Secretary of State for Public Diplomacy and Public Affairs, the Commission includes representatives from India, Indonesia, South Africa, and the United Kingdom.

A major focus of the report is the failure of governments and international organizations to address the special needs of LMICs , as well as the needs of marginalized communities within higher-income countries, including racial minorities, indigenous people, those with mental health conditions, and those living with diseases. The report examines the role of emerging innovations, physicians and risk-proportionate policies in ending smoking.

Not to be mistaken the adverse impact of the times have been felt at Richemont with sales for the half-year ending 30 September 2020 decreasing significantly by 26 per cent to €5.48 billion against the previous year. This decline in sales resulted in a fall in operating profits of 61 per cent from €1.165 billion to €452 million.

Notwithstanding this slowdown in profits, the company was able to deliver a 78 per cent increase in sales from their China market which has now been overtaken by the Americas as the company’s largest market.