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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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9 Cream of Tartar Substitutes You Probably Have in the Kitchen

Where would we be without grapes? Think of all the culinary marvels the fruit yields: Jelly, balsamic and red wine vinegars, and of course wine. But lofty cakes, ethereal meringues, and chewy snickerdoodles also owe their existence to another child of the grape: cream of tartar. The white powder is most often found in baked goods, where it serves as a stabilizer, a leavening agent, or a crystallization inhibitor (more on this later).

If you’ve just embarked on some baking endeavor only to find your jar of cream of tartar empty, there’s no cause for alarm. There are plenty of substitutions for cream of tartar, you just have to decide which purpose that sub needs to serve.

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