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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

How Has the Pandemic Changed Your Beauty Shopping Habits?

How Has the Pandemic Changed Your Beauty Shopping Habits?

Obvs, most people aren’t going to department stores to swatch things on their arms or the backs of their hands anymore!

Do you find that you’re spending more or less on makeup now than you were before March?

I’m still buying and wearing makeup, but I’m purchasing and wearing more drugstore products for sure — hair, body and makeup. I still have the itch to try new things, but it’s less of an itch to drop $$$ on high-end stuff by mail order, you know? So I’m spending less.

As stressful as it can be to go to Thunderdome Target sometimes, depending on how aggressive and dismissive some shoppers have been with masks and social distancing when I’ve been there, at least I know I can pop into Target to get something or process a quick return if need be (they even have a separate, usually shorter, line for returns).

I’ve also tried perfumes without smelling them…which I never would’ve thought to do before (I’m looking at you, Demeter Kitten Fur!).

How about you? How has the pandemic changed your beauty shopping habits?

Your friendly neighborhood beauty addict,

Karen

P.S.

Continue reading "How Has the Pandemic Changed Your Beauty Shopping Habits?" on Makeup and Beauty Blog.



* This article was originally published here

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