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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

1,000 More Coronavirus Deaths In The Past Day, CDC Says

People gather for a picnic on a hillside overlooking Dodger Stadium in Los Angeles during a game Saturday. Spectators are currently not allowed to attend Major League Baseball games in order to prevent the spread of the coronavirus.

The number of deaths has been slowly ticking down, but remains well above the totals seen in the early months of the pandemic. More than 175,000 in the U.S. have now died, according to the CDC.

(Image credit: Mario Tama/Getty Images)

* This article was originally published here


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