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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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How Cindy's Coquito Became My Go-To Holiday Drink

How Cindy's Coquito Became My Go-To Holiday Drink How Cindy's Coquito Became My Go-To Holiday Drink

We teamed up with LG Studio to share the holiday-ready drink we’ll be sipping throughout the season: Puerto Rican coquito. Creamy and dreamy, this classic Christmas beverage stars rum, condensed milk, and of course, coconut. For added presentation points, serve it with a sphere of Craft Ice™ from the LG Studio InstaView refrigerator, along with a sprinkle of grated cinnamon.

Having been born and raised in South Florida, a frosty, snow-filled Christmas was never really in the books for me. Swap out crackling fireplaces and sledding for breezy palm trees, not to mention tons of humidity, and you’ve got yourself a Miami winter. So it’s not changing leaves or chilly temps that mark the beginning of a typical holiday season in my mind—it’s the parties.

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