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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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5 Tangy-Sweet Rice Vinegar Substitutes

Oh, the versatility of rice. Cooked simply, it can slant savory or sweet. Try as they may, vegetables repurposed as rice, like cauliflower, can only dream of imitating its likeness. And while we all know (and love) rice in its granular form, this shape-shifter pantry staple can be ground or soaked into the main ingredient for noodles, bread, milk—you name it. Rice can even be fermented and processed into the main ingredient in a boozy beverage (hello, sake!)

Speaking of fermented rice: Rice vinegar, or rice wine vinegar, is a seasoning agent derived from similar ingredients, albeit produced with a different technique. Commonly used in East Asian and some Southeast Asian cuisines, it's delicately tangy and slightly sweet, making it more mild in flavor and less acidic than its Western counterparts in the vinegar section. Rice vinegar comes in a range of colors, from white to yellow to red to black—each with varying flavor nuances and acidity strengths.

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