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Dunhill: Difference between revisions
→New Phase - Duke Street Era
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At the beginning of the 2000s, Mr Burrows (a longtime collaborator who supervised the mixtures) related that the book still existed, but it was not in Dunhill's possession. He also said that British American Tobacco (the company that owned the rights to all Dunhill tobaccos for quite some time as “Rothman’s” before they merged) owned the book as well as controlled the production of present Dunhill tobaccos (though Dunhill still makes its pipes). BAT will not release it or its contents to anyone. He has tried several times to convince BAT to release the My Mixture recipes to him while still allowing them to retain ownership of the book, but BAT declined. Mr Burrows was unhappy about the situation. | At the beginning of the 2000s, Mr Burrows (a longtime collaborator who supervised the mixtures) related that the book still existed, but it was not in Dunhill's possession. He also said that British American Tobacco (the company that owned the rights to all Dunhill tobaccos for quite some time as “Rothman’s” before they merged) owned the book as well as controlled the production of present Dunhill tobaccos (though Dunhill still makes its pipes). BAT will not release it or its contents to anyone. He has tried several times to convince BAT to release the My Mixture recipes to him while still allowing them to retain ownership of the book, but BAT declined. Mr Burrows was unhappy about the situation. | ||
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<font size="2">'''Addendum:''' Rothmans International Group was formed in October 1993 | <font size="2">'''Addendum:''' Rothmans International Group was formed in October 1993 through reorganisation of the tobacco and luxury goods businesses of Richmont, Rothmans and Dunhill into two new listed groups, Rothmans International and Vendome. Rothmans International comprises all of Rothman's tobacco businesses and certain tobacco trademarks previously owned by Dunhill and Richmont. International cigarette brands owned and controlled by the group include Rothmans, Peter Stuyvesant, Dunhill, Cravan 'A' and Golden American. Under its constitution, Rothmans International has a | ||
dual holding company structure, in which the shareholders hold units comprising twinned shares in Rothmans International Plc, a British company, and Rothmans International NV a Dutch company. Rothmans International Plc owns the UK-based businesses and Rothmans International NV owns non-UK based businesses. The composition of the boards of both companies is identical. Following the | dual holding company structure, in which the shareholders hold units comprising twinned shares in Rothmans International Plc, a British company, and Rothmans International NV a Dutch company. Rothmans International Plc owns the UK-based businesses and Rothmans International NV owns non-UK based businesses. The composition of the boards of both companies is identical. Following the | ||
reorganisation, Rothmans Tobacco (Holdings) SA, an indirectly wholly-owned Richmont subsidiary, owns 61% of the Rothmans International units, with the balance being held by former public shareholders of | reorganisation, Rothmans Tobacco (Holdings) SA, an indirectly wholly-owned Richmont subsidiary, owns 61% of the Rothmans International units, with the balance being held by former public shareholders of | ||
Rothmans and Dunhill. | Rothmans and Dunhill<ref name=fu>Fundinguniverse (1998). Rothmans UK Holdings Limited History. Retrieved 06 March 2020 from [http://www.fundinguniverse.com/company-histories/rothmans-uk-holdings-limited-history/ fundinguniverse.com]</ref>. | ||
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Rothmans merged with BAT around 1998. Vendome is now called Richemont and owns around 18% of BAT stock. The Dunhill brand as owned by Richemont is organised into two, separately controlled entities: Dunhill Manufacturing (White-spot.com) (pipes, lighters, pipe cases etc), and Dunhill luxury goods, which includes the stores, watches, pens (Dunhill bought Mony-Blanc around 1977), clothes etc. Richard | Rothmans merged with BAT around 1998<ref name=nwtbat>Edmund L. Andrews (1999). "International Business: British American Tobacco Will Buy Rothmans - New York Times". Retrieved 06 February 2020 from [https://www.nytimes.com/1999/01/12/business/international-business-british-american-tobacco-will-buy-rothmans.html Nytimes.com].</ref>. Vendome is now called Richemont and owns around 18% of BAT stock. The Dunhill brand as owned by Richemont is organised into two, separately controlled entities: Dunhill Manufacturing (White-spot.com) (pipes, lighters, pipe cases etc), and Dunhill luxury goods, which includes the stores, watches, pens (Dunhill bought Mony-Blanc around 1977), clothes etc. Richard | ||
Dunhill runs the pipe making division; the stores and other branded items are run separately by people who figure their potential customer base is 75% non-smokers. I can't blame BAT for wanting to maintain control of the blending book, they may wish to use it at some point in the future. BAT is very happy with Dunhill cigarettes, which is doing very well in Asia. </font> | Dunhill runs the pipe making division; the stores and other branded items are run separately by people who figure their potential customer base is 75% non-smokers. I can't blame BAT for wanting to maintain control of the blending book, they may wish to use it at some point in the future. BAT is very happy with Dunhill cigarettes, which is doing very well in Asia. </font> | ||
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