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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

3 Small-Batch Bitters for Better Cocktails (& Desserts, Too)

One of the things my partner and I used to argue about was who should take out the recycling. His case was that because I blew through cans of seltzer like a grumpy sponge, the onus should fall on me to drag our bin downstairs whenever it was full. I mean, sure, totally fair. Except he still ended up being the one to do it (mea culpa, honey). His solution: surprising me with a water carbonator and a gift certificate to our local cocktail supply shop, which boasts a selection of more than 100 different bitters.

We picked an afternoon to go together and, since this was pre-COVID, we got to taste as many different bitters as we liked. Although it was a little overwhelming at first, we quickly narrowed in on a few companies that, no matter the flavor, outshined the rest with their thoughtful and meticulous craftsmanship. Whether you’re looking to spruce up your own bar, or looking for gifts for that cocktail aficionado in your life, these are our favorite small-batch bitters producers.

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