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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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The Feel-Good Stories Behind Our Favorite Ornaments

The Feel-Good Stories Behind Our Favorite Ornaments The Feel-Good Stories Behind Our Favorite Ornaments The Feel-Good Stories Behind Our Favorite Ornaments The Feel-Good Stories Behind Our Favorite Ornaments The Feel-Good Stories Behind Our Favorite Ornaments The Feel-Good Stories Behind Our Favorite Ornaments

There’s not even close to a one-size-fits-all approach to Christmas tree decor. Some people have aesthetically-pleasing themes, with refined color schemes and clear design choices. But I’d say that by and large, most Christmas-decorators have a motley crew of tree hangings: collected on travels perhaps, or handmade by young relatives, personalized in mall kiosks, or gifted by friends with inside jokes in mind.

Ornaments are often small tokens of “I thought of you,” made more special by the comparatively short time they’re put on show. They’re a way of giving someone a hyper-personalized gift, and because they only come out once a year, some of the pressure (both to give and to display) is mitigated.

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