The board is likely to view the risk from the case as manageable, due to the very high probability of any initial class certification being overturned on immediate appeal to the Second Circuit Court of Appeals, and an overall litigation environment that is far better than in the past, he said.
Turning to the global financial crisis, Song said the turmoil didnt have much impact on tobacco sales but distributors (or dealers) from overseas had been exposed to foreign currency risk which had led to KT&G being hit financially as an exporting company
In the case of IQOS they are called Heets and there are 6 different versions, two of them minty: Blue and Turquoise
In 2016, tobacco was the most popular flavour (33%), followed by fruit and menthol/mint (both chosen by 22%)
Once described by the industry as good starter products, menthol cigarettes have a minty taste that is less harsh and easier to inhale, making them appeal to many younger smokers