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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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Still Throwing Away Gift Wrap? Here’s How to Reuse It Instead.

Many people save used gift supplies, but my mom is really dedicated to this practice. She has an entire closet devoted to recycled gift bags and accessories, and if we’re being honest, she probably still has a Barney and Friends bag in there. Kind of a tough one to reuse, I know.

Becoming an excessive reuser is generational, says Amanda Walker, DIY and lifestyle blogger behind Dwell Aware. Like me, she got the trait from her mom, and now at parties when people bring out the big black trash bag to throw away gift supplies, she always offers to take it all home.

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