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Figure 1: Possible Impact of a US menthol ban on BAT volumes and profit Source: Company data, Morgan Stanley Research estimates Menthol accounts for 55% of the US cigarette market and BAT has a 48% menthol market share in that country, meaning that 25% of group profits were in the firing line

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Its the sort of perfume that you might think to save for special occasions only, but then again, thats not what life is about anymore so we say wear it every day with your head held high

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A prime example is Dolce & Gabbana's The One, which is a masterclass in blending tobacco, amber, and cedar into something incredibly smooth and sophisticated

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