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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
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19 Sweet-as-Heck Substitutes for Brown Sugar

Perhaps I am not the best person to go to for advice about sugar. After all, I didn’t know it existed until I was about six. As a kid, I was always the first one to leave the birthday party with my mom. We left, you see, so I wouldn’t discover the cake. Weaving through the front gardens of my kindergarten friends’ oversize Berkeley homes, my mother would pick the candy from the goodie bag and, with righteous conviction, toss it into the potted plants.

You can imagine my surprise when, around the time my friends found out about Santa, I discovered I’d been suckered into celebrating my own birthdays with “birthday soup” and had lost a few pounds of perfectly good candy to somebody’s flowerpot. The good news is that while my friends were totally decompensating as their entire theological framework went up the chimney, I was eating cake.

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