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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 to Cook Millet, the Ancient Grain You Might Have Overlooked

In the new millenium, grain trends move about as fast as fashion. From 2006 to 2013, as we were shimmying out of our skinny jean fetish and into our bland beige normcore phase, we were consuming quinoa at such an outrageous rate that crop prices tripled, making the Andean staple almost unaffordable in its native region.

Maturing into dadcore in 2017, we got obsessed with what we call "ancient grains," and added amaranth and Kamut to the list of old-timers that were suddenly hot. 2019 was undeniably the year of the jumpsuit, and also the year of the farro bowl. Now here we are in 2020, buffeted by an unending string of catastrophes, looking for something starchy to hold on to. This, friends, is where millet comes in.


* This article was originally published here


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