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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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Why I Ditched a WFH Desk for the...Floor

While working from home undoubtedly has its perks—easy access to snacks and an all-sweats uniform are top contenders—there are some disadvantages that come with the territory, too: for one, my studio apartment isn't the most spacious, so I've put off buying a desk. To make do, I've been working from the couch, which, too often, leads to the feeling that I should be relaxing instead of working. Besides, a day on the couch leaves my back feeling hunched and tight.

A few weeks ago, I made some changes. In an effort to feel like more of an upright worker, I decided to have my low coffee table stand in for a desk, and ditch the idea of a chair completely. I’ve never been happier to get to work: Sitting cross-legged on the rug, I feel less sluggish, more aware of my posture, and much more comfortable than I would if I had to unfold myself from whatever half-horizontal position I used to be in on the couch.

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