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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

Summer Calls for Pisto Manchego—With a Fried Egg on Top

Let me just say this: There’s no wrong way to eat a summer tomato. Some of my preferred methods include blended into a velvety salmorejo or sliced as thick as a porterhouse, slathered with mayo and sandwiched between two hunks of bread.

But when I want tomatoes to be more sociable and mingle with other vegetables, I turn to a dish I discovered while living in Madrid: pisto manchego. I first came across it at the elementary school where I taught English, where they served it for lunch. Filing into the cafeteria, some of the students would complain, “Que no me gusta el pisto!” (“I don’t like pisto!”), but I always looked forward to pisto day. Eventually, I learned to make the dish myself, incorporating touches and tweaks to make it my own.

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