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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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7 of Our Favorite Ethical Brands to Keep in the Kitchen in 2021

We teamed up with A to Z Wineworks to highlight companies that not only do good, but also make great products. From our favorite baking staples to the bright and fruity Bubbles we're toasting 2021 with, every product on this list comes from a certified B Corp—aka companies that maintain the highest standards of economic, environmental, and social responsibility.

If there’s one thing I’ve learned from working in media (and from being a consumer myself), it’s that there’s been a definitive shift in the way people make purchases and fill their homes with products. While ease and convenience were the driving forces of consumption for decades, the practices leading to such mass production left us feeling…a little guilty. Luckily, many companies now put transparency and ethics at the forefront of their missions, and one of the easiest identifiers for a brand you can trust is a B Corp certification.

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