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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

Have You Noticed Any Changes With Beauty Stores in Your Neck of the Woods?

Have You Noticed Any Changes With Beauty Stores in Your Neck of the Woods?

SO MANY CHANGES. Big ones too. The nearest Ulta store in San Rafael is/was a few miles south of me, and we were just driving down Highway 101 last weekend when I saw that the store was shut down, looks like permanently. There were big “closed” signs in the windows. Cue glittery tears. 😪

I’m so bummed because I used to spend hours wandering around that place pre-COVID. They had a great variety of hair conditioners and styling products from higher end to budget. One of my favorite things to do was read the labels on the hair products…

Oh, and the other day I got an email from SpaceNK saying that my nearby store in Larkspur is closing as well.

I did an event with them a few years back, and I have a soft spot for that store and the endlessly kind and knowledgeable makeup artists who work there. Really sad to see them go!

My favorite thing to do there was to play with their Byredo perfume display. I’d go in and spray every scent they had on each and every available square inch of skin on my body, hoping I’d discover a new perfume to love more than Gypsy Water (but, in the end, I’ve always loved Gypsy Water the most; go figure).

Continue reading "Have You Noticed Any Changes With Beauty Stores in Your Neck of the Woods?" on Makeup and Beauty Blog.



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