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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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'End Of Asylum': Using The Pandemic To Turn Away Migrants, Children Seeking Refuge

A woman from Guatemala and her two daughters were apprehended upon crossing the U.S.-Mexico border between El Paso, Texas, and Ciudad Juárez, Mexico, and immediately expelled back to Mexico in the early hours of April 2, at the Paso del Norte International Bridge in Juárez.

Tens of thousands of migrants, including asylum seekers and unaccompanied children, have been turned away at the border since March. Now the administration wants to restrict asylum permanently.

(Image credit: Paul Ratje)



* This article was originally published here

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