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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

Wet Markets Are Essential to Thai Cooking. So Why Are They Disappearing?

In the harrowing early days of the pandemic, Prin Polsuk, a preeminent chef and scholar of Thai cuisine, could source many of his ingredients directly from farms and suppliers outside of Bangkok. But still, he visited Khlong Toei, one of the largest wet markets in Thailand, almost every day.

“The market makes me feel alive,” he tells me over a choppy video call, his youthful face framed by salt-and-pepper scruff. “I go there to get inspired.”


* This article was originally published here


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