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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

7 Laundry Tips for Making Your Clothes Last (Almost) Forever

We've teamed up with Miele to share expert-approved laundry tips and tricks for making sure your clothes (and sheets, towels, and more) stay in tip-top shape—no matter how many times you run them through the washer and dryer.

As a sentimentalist and a nostalgic dresser, my most prized piece of clothing is a cream-colored Lehigh University crew neck from the mid-1980s. This vintage sweatshirt belonged to my mom in college and was passed down to me as a child, when it hung below my knees. It’s been a treasured garment ever since, keeping me warm from elementary school all the way to adulthood.


* This article was originally published here


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