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Cigarettes remain one of the rare FMCG categories where pricing power consistently beats inflation due to heavy taxation and limited substitutes

Du Bois, from his 1935 book Black Reconstruction in America , The slave went free, stood a brief moment in the sun, then moved back again toward slavery. In the South under occupation by Union troops after the Civil War, black people for the first time voted, served on juries and held elected office until the backlash came

During this time of aging, the casing materials homogenize themselves into the dry ingredients to a proper consistency for packaging

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From 2024: "So what are we doing in 2025, a year in which, to quote the often quoted William Goldman, Nobody knows anything,