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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

The Best Way to Wrap Any Gift, According to a Professional Gift Wrapper

The Best Way to Wrap Any Gift, According to a Professional Gift Wrapper The Best Way to Wrap Any Gift, According to a Professional Gift Wrapper The Best Way to Wrap Any Gift, According to a Professional Gift Wrapper

Do you dread the task of wrapping holiday presents every year? Are you guilty of cutting corners—literally and figuratively—when you wrap? Join the club! Wrapping gifts is an art form that takes practice to perfect, but there are several ways you can instantly improve your wrapping skills, no master class necessary.

We chatted with Toronto-based gift stylist Corrina vanGerwen, whose job is literally to wrap presents perfectly, and she was kind enough to share her pro tips on creating awe-inducing holiday packages. She passed along pointers on her favorite materials, techniques, and special finishing touches, and we can already tell our gifts are going to look better than ever this year.

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