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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

A Yazidi Survivor's Struggle Shows The Pain That Endures After ISIS Attack

About 200,000 displaced Yazidis are in camps in the Kurdistan Region of Iraq. Many are waiting for help to rebuild homes damaged or destroyed by ISIS in 2014.

Six years after ISIS committed genocide against Iraq's ancient religious minority group, the Yazidis are not getting the help they need to recover.

(Image credit: Andrea DiCenzo for NPR)



* This article was originally published here

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