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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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How to Score a Vintage Rug You’ll Love Forever

As thrown around as the word “vintage” is in design, there’ll always be an allure to it. The word hints at a treasure from the past, of course, but it also winks at a certain insider knowledge—the idea that the owner of a purportedly vintage piece has the scoop on tips not found readily or easily. And that, no matter how often the word gets passed around, is the definition of cool.

“Using vintage pieces is guaranteed to add that one-of-a-kind sparkle to a room,” Decorist designer Megan Wright says. “Having elements in your home—that no one else has—adds a sense of achievement to your decoration. I absolutely love pieces that tell a story and that, as a bonus, are showstoppers.”

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