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Interparfums FY 2022: record earnings as operating profit soars 33 percent

THE WHAT? Interparfums has reported its results for the 2022 fiscal year. The fragrance giant recorded record earnings for the full year with net income up 40 percent on 2021’s figures and sales rising 26 percent to €706.6 million. THE DETAILS The company noted that it had extended its partnership with Montblanc until December 31, 2030 and, subject to the General Meeting’s ratification, hit its goal of achieving gender parity on its board. THE WHY? Philippe Benacin, Chairman and CEO, commented, “Against the backdrop of a turbulent economic and geopolitical environment, our sales and earnings continued to grow in 2022. In 2023, although many uncertainties still exist, this positive momentum should continue with sales expected to reach €750 million, driven by the continuing appeal of our brands for consumers in a global perfume market that remains buoyant.” The post Interparfums FY 2022: record earnings as operating profit soars 33 percent appeared first on Global Cosme

Cher Reportedly Feuding With Her Sons Over Relationship With Boyfriend Alexander ‘AE’ Edwards

Cher Reportedly Feuding With Her Sons Over Relationship With
Boyfriend Alexander ‘AE’ Edwards

According to RadarOnline Lovestruck Cher has been plotting to elope with her 37-year-old boy toy Alexander “A.E.” Edwards in a quickie Las Vegas wedding — and cut her disapproving sons out of her $360 million will.

The 76-year-old diva is convinced the music producer is the man she wants to spend the rest of her life with and is fuming that her son Chaz Bono, 53, and Elijah Blue Allman, 46, have not supported the relationship, sources said.

“Cher is mad at them she’s ready to cut them out of her life completely,” said a source. “She’s been hell-bent on marrying this guy and is speaking to her lawyers about adjusting her will to make A.E. her sole beneficiary.”

Cher and A.E. have been packing on the PDA since revealing their unlikely romance in November. By December, the Believe singer was flashing her reported $250,000 engagement ring from A.E. on Twitter!

More recently, A.E. jetted Cher to Arizona for a round of Super Bowl parties, where they were seemingly attached at the hip.

Cher & Alexander “AE” Edwards at the #SuperBowl. #cher #ae #alexanderedwards pic.twitter.com/vCkzogKdpn

— Nyikki Hammons (@NikNik_Nichole) February 13, 2023

Sources said the ageless entertainer and her hunky young music man were planning to snub her sons and only invite her lifelong pal Paulette Howell and rapper Tyga to the Sin City nuptials.

Sources claimed the singer has clashed with Chaz and Elijah because they’ve branded A.E. as a gold-digger. “They think he’s playing her to cash in on her power and influence in the music industry,” a source said.

Cher apparently unloaded over the Christmas holidays, blasting her kids for being more concerned about her money than her happiness, an insider revealed.

“Cher doesn’t believe her sons should be counting her cash,” said the insider. “If that’s their primary focus, they can kiss the entire pile goodbye.”

Another source said Cher often covers the tab for A.E., “He’s barely paid for anything since he and Cher met in Paris last September.”

“Cher has a lot of people worried for her right now. She’s saying it’s her business who she dates and she’ll make her own decisions, but the warning signs are there for everyone to see,” the source said.



* This article was originally published here

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