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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

The Scrappy Tomato Trick We're Obsessed With This Summer

We’re officially into double digits of quarantine weeks, and tomatoes have been a faithful companion in my kitchen now more than ever. I use them in everything from Nigerian stew to Italian sugo, Gigi Hadid's creamy tomato sauce using tomato paste, salsa, and focaccia gardens, studded with sweet, halved heirloom tomatoes. Week in, week out, we've gone through fresh, canned, pureed, paste.

Often—for at least a few days, sometimes even a couple of weeks—we focus on one tomato sauce. When I say "we," I mean my three teenage children, who find the best recipes on TikTok, Instagram, and from watching Anime—and then co-opt me occasionally into cooking it for them.

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