Oettinger Davidoff Stays the Course as Luxury Stumbles

[El Presidente]

Some nice insights in this article. 

 

https://www.finews.com/news/english-news/68134-oettinger-davidoff-premium-cigars-annual-results-2024-beat-hauenstein-150-th-anniversary-zino

So why is Oettinger Davidoff holding up better? In an interview with finews.com, Hauenstein attributes it to reliability. «We deliver quality. I know it sounds like a cliché, but it’s true. We continue to offer a high level of innovation and maintain a stable relationship with the trade,» he said.

Accessories on the Rise

The company also continues to hold back on pricing. «Other producers in the premium hand-rolled cigar segment have pushed through almost excessive price increases. We don’t do that. We introduce higher prices through innovation – in the form of limited editions – but not in the standard range.»