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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

15 Edible Gifts From Costco That We Want to Eat Right Now

If you’re like me, you spend half of December grocery shopping, half of it present shopping and half of it cooking. Yes, I’m aware that my math is flawed, but that’s pretty much how it feels. And while shopping online has pretty much become standard, sometimes you need something now, or just need a stash of gifts ready to be pulled out at a moment’s notice (like when your neighbor shows up with a Bundt cake, and you don’t want to look like a schlub).

There’s one thing we know to be true: pretty much everyone loves a thoughtful food gift—you simple can’t go wrong with giving something edible. Homemade is a great way to go, but there’s nothing wrong with a store-bought treat. And guess which of our favorite stores has a robust selection of food gifts? You guessed it: Costco. The beauty of it is that you can go grocery shopping and present shopping at the same time. Three cheers for efficiency over the holidays!

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