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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

'We Can't Live Like Zombies': Protesters In Spain Decry COVID-19 Mask Mandate

People holding placards and shouting slogans protest Sunday in Madrid against the mandatory use of face masks and other measures adopted by the Spanish government to prevent the spread of the coronavirus.

Demonstrators gathered in Madrid on Sunday to protest expanded requirements aimed at combating the disease, which has seen a sharp uptick in recent weeks.

(Image credit: Marcos del Mazo/LightRocket via Getty Images)

* This article was originally published here


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