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Cuban cigars feel pinch of slowdown 

Jump to full article: Radio New Zealand - Te Reo Irirangi o Aoteoroa (RNZ) (nz), 2009-02-24

Intro:

Sales of Cuban cigars dropped by 3% to $US390 million in 2008 under the effects of the world financial crisis and the spread of anti-smoking laws.

Distributor Habanos says the fall in sales reflects a more general decline in the market for luxury products.

However, vice-president Manuel Garcia expects to maintain sales in 2009 at 2008 levels.

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