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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...
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7 Tomato Paste Substitutes for Pantry Pasta Emergencies (& More!)

Tomato paste is having a moment. Made by boiling down tomato juice into smooth, concentrated form, tomato paste is absolutely packed with umami. Just a tablespoon can transform a braise, stew, or soup, imbuing it with an unplaceable but vibrant richness. Knead it into bread dough for a ruby-red pop, or add it to tomato sauce to make it even more tomato-y. The opportunities are endless, but this rich, sweet vermillion substance is just the kind of thing I’m constantly forgetting on my grocery runs. So if you’re staring down a recipe that calls for some paste and need a quick tomato paste substitute, we have your back.

Here are 7 tomato paste substitutes you probably have on hand:

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