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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
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A Reusable Food Wrap You Can DIY in 5 Minutes

A Reusable Food Wrap You Can DIY in 5 Minutes A Reusable Food Wrap You Can DIY in 5 Minutes A Reusable Food Wrap You Can DIY in 5 Minutes

I try my hardest to reduce my single-use waste. Some switches are easier than others: I always carry shopping totes while running errands; I have an impressive stockpile of reusable straws; and I bring a water bottle or travel cup with me whenever I can. I’m not perfect by any means, though, and when it comes to being environmentally conscious, there are a lot of areas I still need to work on.

One of these was food storage. I grew up in a household where plastic baggies and cling wrap reigned supreme. Lunchtime snacks, baked goods, and dinner leftovers all found themselves enrobed in some manner of single-use plastic, but for my family and lots of others, this was totally par for the course. In 2020, we’re more educated consumers; plus, living on my own has allowed me to adopt more thoughtful habits. While I once readily reached for a roll of plastic wrap, now I haven’t bought a new one in months.

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