All Saints Cigars has lowered its prices by an average of 10 percent across the company’s entire portfolio of products. The company says the changes went into effect today.
“As our industry navigates through the persistent price escalations post-COVID, we at All Saints Fine Cigars have decided not just to hold the line but to draw a new one,” said Micky Pegg, co-founder of All Saints Cigars, in a press release. “We stand firmly behind our cherished retail partners and devoted consumers, ensuring they receive nothing but the best from us.”
According to the press release, All Saints will work with its retail accounts to make sure they are compensated for any “recently purchased inventory.”
This is the second price change for All Saints in 2024. In February, the company increased prices on select sizes by .87-3.33 percent.
The price reductions come as All Saints is transitioning away from a joint sales agreement with Micallef. Since last August, Micallef’s sales team has been selling All Saints’ products. That agreement—which also so Pegg serve as the president of sales for Micallef—is coming to an end by the end of June.