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Philip Morris International Inc. (PMI) has launched a new Investor Relations Mobile Application which provides users with easier, more dynamic and comprehensive access to the company’s Investor Relati

The CigarShopLocator App will find cigar shops that are near you or near a location of your choice.  Basic information, how far you are from the shop, name, address and phone number will be listed.  


H&MI Wholesale Distributor is your trusted partner for bulk smoke-shop, convenience-store and retail supply. We specialise in high-quality products including disposable vapes, e-liquids, pre-rolls, sm

Listening with empathy, being mindful of the impact of our words and actions, and supporting each other to create a culture of psychological safety and trust.

We Care

Emphasizing the power of our global teams, encouraging open and honest conversations that drive innovation across 130+ nationalities and 170 markets.

We are Better Together

Challenging ourselves to continuously evolve, learn, and push boundaries to transform the tobacco industry and lead the smoke-free revolution.

We are Game Changers

Fostering a performance-driven culture that recognizes individual contributions while achieving ambitious business transformation goals.

Performance Excellence

Ensuring fair treatment of employees, improving lives across the supply chain, tackling climate change, and preserving natural ecosystems with Net Zero operations by 2025.

Sustainability

Philip Morris International is the world's leading international tobacco company with $37.9 billion in revenues and operations in approximately 170 markets. The company is undergoing a historic transformation to smoke-free products, with IQOS and ZYN now accounting for 41% of total revenues and serving 38.6 million adult users globally.

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Jacek Olczak

Chief Executive Officer

André Calantzopoulos

Executive Chairman of the Board

Stacey Kennedy

President, Americas Region & CEO of U.S. Business

Virginijus Trumpaitis

President, Combustibles Category & Global Combustibles Marketing

Moira Gilchrist

Chief Communications Officer

Mara Salzman

Senior Vice President, Corporate Development & Senior Advisor to U.S. CEO

Philip Morris International Inc. is a tobacco company, with products sold in over 180 countries. Marlboro is PMI's most recognized brand, but in the last quarter of 2023, Iqos generated the greatest revenue. Philip Morris International is often referred to as one of the companies comprising Big Tobacco. The company ranked No. 121 in the 2025 Fortune 500 list of the largest US corporations by total revenue. The company originated in 1847 in London, but Philip Morris International itself was established in 1987 as an operating company of Philip Morris Companies Inc. In 2003, Philip Morris Companies changed its name to Altria Group. In March 2008, PMI was spun off from Altria and has been an entirely separate entity since then. Philip Morris USA, a subsidiary of PMI's former parent, keeps ownership of the Philip Morris brands for the US market. The company's legal seat is in Stamford, Connecticut. PMI's operational headquarters are in Lausanne, Switzerland.

https://en.wikipedia.org/wiki/Philip_Morris_International

American global cigarette and tobacco company

The world's best-selling cigarette brand since 1972, Marlboro is PMI's flagship combustible product sold in approximately 170 markets. Despite the company's shift to smoke-free products, Marlboro maintains dominant market share and generates substantial revenue, though it was surpassed by IQOS in net revenue in 2023.

Marlboro Cigarettes

IQOS is PMI's flagship smoke-free product that heats tobacco instead of burning it, producing reduced emissions compared to cigarettes. Launched in 2014, IQOS is now available in 95 markets and surpassed Marlboro in net revenue in 2023. The system uses HEETS and TEREA tobacco sticks with IQOS and IQOS ILUMA devices.

IQOS Heated Tobacco System

ZYN is a tobacco-free oral nicotine pouch product acquired through the $16 billion Swedish Match acquisition in 2022. ZYN has shown explosive growth in the U.S., with shipments surging 53% to 202 million cans in Q3 2024 and projected to reach 800-840 million cans in 2025. ZYN became the first nicotine pouch to receive FDA marketing authorization in January 2025.

ZYN Nicotine Pouches

VEEV is PMI's e-vapor product line that complements the smoke-free portfolio led by IQOS and ZYN. The vaping products provide another alternative to combustible cigarettes as part of PMI's comprehensive smoke-free strategy.

VEEV E-Vapor Products

General is a premium Swedish-style snus brand acquired through the Swedish Match acquisition. Snus is a moist tobacco product placed under the upper lip, popular in Scandinavian markets and expanding to other regions as a smoke-free alternative.

General Snus

L&M is one of PMI's global cigarette brands that complements Marlboro in the combustible tobacco portfolio. The brand is positioned at a more accessible price point and is sold across multiple international markets, contributing to PMI's 25.3% international cigarette market share.

L&M Cigarettes

Parliament is a premium cigarette brand featuring a distinctive recessed filter design. The brand is part of PMI's combustible portfolio and maintains a loyal customer base across select international markets, contributing to the company's global brands market leadership.

Parliament Cigarettes

PMI reported record revenue of $37.9 billion for fiscal year 2024, up 7.69% from 2023, with adjusted diluted EPS of $6.57 growing 15.6% on a currency-neutral basis. The smoke-free business accounted for approximately 39% of total full-year net revenues, with operating cash flow increasing 32.7% to $12.2 billion. CEO Jacek Olczak described 2024 as 'a remarkable year' driven by IQOS and ZYN growth.

Philip Morris International Reports Strong 2024 Full-Year Results

The U.S. Food and Drug Administration granted marketing approval to 20 ZYN nicotine pouch products in January 2025, making ZYN the first and only nicotine pouch to receive FDA authorization. This milestone validates PMI's smoke-free strategy and is expected to accelerate ZYN's growth, which already saw shipments surge 53% year-over-year to 202 million cans in Q3 2024.

FDA Authorizes ZYN Nicotine Pouches, First Approval of Its Kind

Philip Morris International reported that its smoke-free business accounted for 42% of total net revenues and over 42% of total gross profit in Q3 2025, demonstrating accelerating momentum toward the company's goal of two-thirds smoke-free revenue by 2030. The company reaffirmed full-year 2025 adjusted diluted EPS guidance of $7.36 to $7.49, representing 12% to 14% growth.

PMI's Smoke-Free Products Reach 42% of Total Revenue in Q3 2025

Philip Morris International announced that ZYN shipments surged 53% year-over-year to 202 million cans in Q3 2024, with the company now expecting 800-840 million cans shipped in 2025. ZYN accelerated its offtake growth to 39% in Q3 as estimated by Nielsen, demonstrating the product's explosive momentum in the U.S. market.

ZYN Shipments Projected to Reach 800-840 Million Cans in 2025

PMI marked IQOS's 10-year anniversary in 2024, with the heated tobacco product now available in 95 markets and serving an estimated 38.6 million adult users worldwide as of December 2024. IQOS surpassed Marlboro in net revenue in 2023 and continues to drive PMI's smoke-free transformation alongside ZYN's rapid growth.

IQOS Celebrated 10-Year Anniversary with 38.6 Million Users

PMI released its Integrated Report detailing significant progress towards its smoke-free vision, including achieving 61% carbon-neutral certification for factories in 2024 with a goal of Net Zero for all operational facilities by end of 2025. The report highlighted sustainability commitments including fair employee treatment, supply chain improvements, climate action, and ecosystem preservation.

Philip Morris Releases Integrated Report Detailing Smoke-Free Progress

PMI held its 2025 Virtual Annual Meeting of Shareholders, where leadership discussed the company's transformation progress, financial performance, and strategic priorities. CEO Jacek Olczak outlined plans to accelerate smoke-free product adoption while maintaining the strength of the combustible business during the transition period.

Philip Morris International Holds 2025 Virtual Annual Meeting

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Philip Morris International Inc.

Mr. Philip Morris opened a shop on London's Bond Street, focusing on selling tobacco and hand-rolled cigarettes, marking the founding of what would become one of the world's leading tobacco companies.

Philip Morris Opens Tobacco Shop

Philip Morris & Co. Ltd. was incorporated in New York City, establishing the company's presence in the American market and laying the foundation for future U.S. operations.

Philip Morris Incorporated in New York

Philip Morris launched the Marlboro cigarette brand, initially targeting the female market. The brand would later be repositioned in the 1950s and become the world's best-selling cigarette brand in 1972.

Marlboro Brand Launched

The company made its first cigarettes in Richmond, Virginia, using an existing factory it purchased, establishing American manufacturing capabilities and positioning for domestic growth.

First U.S. Manufacturing Facility

Marlboro achieved a significant milestone, becoming the world's best-selling cigarette brand, a position it has maintained for over 50 years and generating billions in annual revenue.

Marlboro Becomes World's Best-Selling Brand

Philip Morris International (PMI) was formally incorporated as an operating company of Philip Morris Companies Inc., focused on manufacturing and distributing products globally outside the United States.

PMI Formally Incorporated

PMI transferred its operations center from Rye Brook, New York to Lausanne, Switzerland, positioning the company at the heart of European and global markets for better international coordination.

Operations Center Moves to Switzerland

Philip Morris International separated from Altria Group to form an independent, publicly traded company on the New York Stock Exchange, becoming the world's most successful international tobacco company.

Spin-off from Altria Group

Philip Morris International opened its state-of-the-art research and development center called 'The Cube' in Neuchâtel, Switzerland, marking a significant commitment to developing smoke-free products and reduced-risk alternatives.

The Cube R&D Center Opens

The company launched IQOS, a heated tobacco product with reduced emissions compared to traditional cigarettes, marking the beginning of PMI's transformation to smoke-free products that would eventually surpass Marlboro in revenue.

IQOS Heated Tobacco Launch

PMI agreed to a $16 billion deal to acquire Swedish Match, significantly boosting its position in cigarette alternatives with the ZYN nicotine pouch brand and accelerating its smoke-free transformation strategy.

Swedish Match Acquisition

IQOS surpassed Marlboro in net revenue at the end of 2023, marking a historic milestone in PMI's transformation from traditional cigarettes to smoke-free products after nearly a century of Marlboro's dominance.

IQOS Surpasses Marlboro in Revenue

PMI's smoke-free business reached 41% of total global net revenues, with smoke-free products generating approximately $15 billion in revenue and serving 38.6 million adult users across 95 markets.

Smoke-Free Products Reach 41% of Revenue

The U.S. Food and Drug Administration granted marketing approval to 20 ZYN nicotine pouch products in January 2025, making ZYN the first and only nicotine pouch to receive FDA authorization and validating PMI's smoke-free strategy.

FDA Authorizes ZYN Products

In Q3 2025, PMI's smoke-free business accounted for 42% of total net revenues and over 42% of total gross profit, demonstrating accelerating momentum toward the company's goal of two-thirds smoke-free revenue by 2030.

Smoke-Free Revenue Reaches 42%

Explore the latest styles in fashion, home and beauty with the H&M app. Discover inspiring collections and intuitive features that simplify the shopping experience — from instant search to real-time o

Your top app for online fashion shopping in Saudi Arabia, United Arab Emirates, Kuwait, Egypt, and Qatar.  Download the H&M app and shop all fashion clothing and accessories such as:

- Women's clothe

Erling Persson (1947 Sweden, retail entrepreneur)

Germany fines H&M 35 million euros for data protection breaches

H & M Hennes & Mauritz AB, commonly known by its brand name H&M, is a Swedish multinational clothing company headquartered in Stockholm. Built on a fast fashion business model, the retailer sells apparel, accessories, and homeware. The company operates thousands of stores across 75 geographical markets and employs over 171,000 people worldwide. H&M is the second-largest international clothing retailer after Inditex. H&M was founded by Erling Persson in 1947 under the name Hennes. The CEO of H&M from 2020 to 2024 was Helena Helmersson. The current CEO, as of January 2024, is Daniel Ervér.

Swedish multinational clothing-retail company

H&M generated $22B revenue 2024 as 2nd-largest fashion retailer (Swedish privately-held Persson family, 4,000+ stores 75 countries down from 5,000 peak, fast-fashion $10-40 T-shirts/dresses/basics, Conscious Collection sustainability 50% recycled). Founded 1947 Sweden as Hennes ('Hers') by Erling Persson (women's clothing, 1968 acquired Mauritz Widforss menswear rebranded H&M). 1970s-2000s global (U.S. 2000 NYC, 3,000+ stores, designer collaborations Karl Lagerfeld 2004 $100M sellout). However, 2015-2024 struggles: inventory crisis $4B unsold 2018 (slow fashion cycles versus Zara 2-week, store closures 500+, online 30% transition late), sustainability backlash greenwashing allegations Conscious Collection 5% actually recycled, Shein $30B ultra-fast $5-15 Gen Z. Competing Zara $30B #1 Inditex, Uniqlo $20B basics, Shein $30B online-only $5. Technology: mobile app, membership loyalty, digital receipts, inventory AI predictive limited. Employees 100,000+ (from 120K peak, store closures layoffs).

H&M's Sustainability Push and Inventory Crisis Navigate Fast-Fashion Backlash as Zara Competition and Shein $30B Ultra-Fast Threaten Market Share

H&M reaches $22B revenue as 2nd-largest global fashion retailer with 4,000+ stores, fast-fashion $10-40 model, Swedish origins, struggling Zara competition

H&M HENNES & MAURITZ AB

Women's clothing 'Hers'. Affordable fashion U.S.-inspired. 15 stores Sweden expansion.

Hennes & Mauritz. Added men's hunting/outdoor apparel. Stockholm stock. Sweden national chain.

Fifth Avenue flagship. 3,000+ stores. Fast-fashion model 2-4 week cycles. Zara competition began.

Stella McCartney, Balmain, Versace collabs. Prestige affordable $50-100. Marketing hype lines.

Recycled materials 50% claim. Greenwashing allegations 5% actually recycled. Garment collecting stores.

Slow fashion cycles vs Zara 2-week. Online 30% late transition. Shein $30B $5-15 Gen Z ultra-fast threat.

CEO Helena Helmersson sustainability. Persson family billionaires privately-held. 100K employees (from 120K). Online 30%.

Philip Morris International vs H&M (Hennes & Mauritz)

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