Imperial Brands proudly announces the launch of Paramount, a new cigarette brand designed for adult smokers who seek exceptional value without compromising on quality. To support the launch, Paramount is offering additional support to retailers to enable them to sell at £11.50 or less per pack should they wish to*.
Paramount features premium, full-flavour Virginia sun-ripened tobacco, meeting the needs of the majority of UK cigarette smokers, where over 90% of cigarettes sold are Virginia blends[1] and 83% are full-flavour tobacco[2].
Now available through UK Wholesale and Independent Retail channels, Paramount’s introduction reflects the growing demand for value options in the UK, with the value sector expanding by 5% in the past year[3] and now representing 30% of the UK cigarette market[4].
With great offers in wholesale to support the launch, Paramount is a top choice for value-seeking consumers. The brand is available in both full flavour king-size and super king-size formats, catering to a wide range of UK smokers.
The UK launch of Paramount follows the success of its debut in Germany, where it is currently the fastest-growing cigarette product since hitting the shelves[5]. Paramount has also launched successfully in a number of other European markets.
Yawer Rasool, Consumer Marketing Director UK & Ireland at Imperial Brands, stated: “The demand for value products that still offer high quality continues to grow. Paramount will be our best value product in the UK market – synonymous with great value and proven success on the Continent.
“Many smokers of value products are open to trying new brands if the price is right. Given its success in key European markets, we anticipate strong demand for the Paramount brand across the UK.”
For further information, visit https://www.imperialbrandsplc.com/brands-of-choice.
* Retailers are free to set the retail price. Discounted wholesale pricing for retailers who want to offer better customer value, so you can sell at £11.50 or less and still earn a good POR. E.g. retailers purchasing at the supported wholesale selling price, or below (if at a greater discount),
and selling at £11.50 per pack = 5.00% POR. For full T&Cs, see your ITUK Rep. ITUK RRP as at October 2024 is £12.00 per pack.
[1] ITUK EPOS & EDFM data as at August 2024
[2] ITUK EPOS & EDFM data as at August 2024
[3] ITUK Report on Trade May 24
[4] ITUK Report on Trade May 24
[5] NielsenIQ data: Fastest growing brand in Germany in the FMC category (excl. private label) based on absolute volume of sticks during the period [July 2023 to June 2024]
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