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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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How We Ate Through a Most-Unusual Year

In the 19th century, a French philosopher named Henri Bergson proposed a new way to think about time: la durée, or the subjective perception of time, as opposed to the objective definition measured by clocks (or today, smartphones). La durée explains why 10 minutes spent chatting with a friend fly by, but while waiting for water to boil, those same 10 minutes pass painfully slow—particularly when hungry.

In a year marked by historical events—civil rights protests, nail biters of elections, and a global pandemic—there were periods that seemed to stretch like well-kneaded dough. (That is, for the homebound and so-called non-essential workers.) The purpose of this story is to try to pin down how “we” (an admittedly slippery term) cooked and how we ate, based on observations of the food media-sphere and some year-end numbers, in the hopes of finding commonalities in our experience; and to document what we brought to the table during these extraordinary times.

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* This article was originally published here

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