Philip Morris says it may cease promoting cigarettes in Britain

HomeMarket

Philip Morris says it may cease promoting cigarettes in Britain

A pack of Philip Morris Worldwide Inc. Marlboro Gold cigarettes seen in a Tobacco Retailer.SOPA Photographs | LightRocket | Getty PhotographsLONDON


A pack of Philip Morris Worldwide Inc. Marlboro Gold cigarettes seen in a Tobacco Retailer.

SOPA Photographs | LightRocket | Getty Photographs

LONDON — Tobacco group Philip Morris Worldwide has reportedly mentioned it plans to cease promoting cigarettes within the U.Okay. in 10 years’ time.

It may deliver an finish to the cigarette maker’s flagship Marlboro model and comes two years after the U.Okay. authorities mentioned it needed to finish smoking in England by 2030.

“I need to enable this firm to depart smoking behind,” Philip Morris CEO Jacek Olczak mentioned in an interview with the Mail on Sunday. “I feel within the U.Okay., ten years from now most, you may fully clear up the issue of smoking.”

When requested whether or not that meant the corporate would cease promoting conventional cigarettes within the U.Okay. inside that timeframe, Olczak replied: ‘”Completely.”

Marketing campaign teams have highlighted that Philip Morris Worldwide has issued comparable statements previously just for little or no to alter. Philip Morris Worldwide’s former Chief Govt André Calantzopoulos mentioned in 2016 that he hoped the corporate would cease promoting cigarettes fully.

Marketing campaign teams additionally argue that tobacco giants, which have an extended historical past of denying the well being dangers of smoking, are advocating themselves as a part of the transition to a smoke-free world whereas additionally persevering with to promote and promote cigarettes globally.

The World Well being Group describes the tobacco epidemic as “one of many greatest public well being threats the world has ever confronted.” The United Nations well being company says smoking, together with second-hand, kills greater than eight million folks per yr.

“PMI can see a world with out cigarettes — the earlier it occurs, the higher it’s for everybody. Quitting is the best choice, however for many who do not, science and expertise has allowed corporations like ours to create higher alternate options to continued smoking,” Moira Gilchrist, head of worldwide scientific communications at Philip Morris Worldwide, instructed CNBC through electronic mail on Monday.

“Encouraging individuals who do not stop to modify to those higher alternate options, along with sturdy regulation will assist clear up the issue of cigarette smoking as soon as and for all. With the suitable measures in place PMI can cease promoting cigarettes within the UK in 10 years’ time,” Gilchrist mentioned.

Chatting with CNBC’s “Closing Bell” final week, Olczak sought to defend the corporate after it introduced intentions to purchase British pharmaceutical firm Vectura Group at an enterprise worth of $1.2 billion.

The deliberate acquisition was criticized by anti-smoking teams and opposition lawmakers within the U.Okay., which deem a tie-up between a tobacco firm and an organization specializing in inhaled medicines for situations comparable to bronchial asthma to be unfit.

“To be very frank, nothing and no one will cease us in our transformation to depart cigarettes behind,” Olczak mentioned.

— CNBC’s Pia Singh contributed to this report.



www.cnbc.com