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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

7 Expert-Predicted Home Trends We’ll See in 2021

2020 saw its fair share of home trends, thanks to a surplus of time spent pondering our interiors—quite literally stuck staring at the design choices we might not have thought fully through. The good news is that it compelled people to take creativity to new levels, and really think critically about what they want to get out of their homes.

As a result, we’ve seen the resurgence of 80s silhouettes, an increase in accent walls, a focus on the “CottageCore” aesthetic, and more. What will 2021 bring, you ask? Well, we checked in with Pinterest, home improvement site Houzz, and interior design service Modsy to see what the top design trend predictions will be in the coming year.

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