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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...

The Tequila Old Fashioned Rick Martinez Is Toasting With This Holiday

We teamed up with Tequila Don Julio to share the recipe for a classic old fashioned, with a little tequila twist. Starring Don Julio Reposado Tequila, this cocktail’s simple to stir up yet filled with cozy-warm flavors. The best part? Have all the ingredients you need to stir it up, including a full-size bottle of Don Julio, delivered straight to your door with this Cocktail Courier kit.

Here, Food52 Resident Rick Martinez shares his family’s annual holiday tradition—and how it’ll look a little different this year.

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