British American Tobacco scales back NZ business to distribution

British American Tobacco scales back NZ business to distribution
Paul McBeth
By Paul McBeth June 17 (BusinessDesk) - British American Tobacco's New Zealand business has lost responsibility for strategic decisions, leaving it principally a distribution point for the cigarette maker in an increasingly hostile market.  Since July last year, the local holding company, British American Tobacco Holdings (New Zealand), has focused on trade marketing and distributing products locally, with all portfolio strategy, brand and pricing decisions made by UK-based related entity British American Tobacco (UK and Export), which is...