Deals
Imperial Brands Suffers From Vaping Backlash
- Tobacco company is trailing rivals in smoking alternatives
- Imperial says it aims to announce sale of cigar business soon
Blu advert on a London bus.
Photographer: Richard Baker/Getty Images
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Imperial Brands Plc picked former investment banker Therese Esperdy to replace its chairman as the U.K. cigarette maker struggles to keep up in the fast-changing tobacco industry.