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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 percen...

15 New Year's Food Traditions From Around the World

We have a very, er, specific New Year's Eve food tradition in my household.

It's an elaborate shrimp tree, and my mother and I spend hours constructing it each year. There's the day-of, panicked search for the correctly shaped and perfectly sized foam cone, which somehow always gets tossed away during the year prior. There's the painstaking affixing of curly kale leaves to said foam cone (once procured), in the style of a full Christmas tree. There's the careful preparation of a perfectly seasoned cocktail sauce. And then, just before our New Year's Eve party starts, there's the pinning of each individual shrimp to the tree, using colorful toothpicks, to look like a wrap-around garland.

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