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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

Baked Oats Are Turning Oatmeal Haters into Lovers

Oats are like the chameleon of the breakfast table, occupying many forms and disguising themselves as a bevy of morning meal options. They appear in pancakes, poured into coffee, softened by an overnight soak, or even—can you believe it?—as simply, well, oatmeal. Now there's a new oaty permutation to hit the breakfast table, and this time it’s baked.

Baked oats seem to be cropping up all over the internet, especially on a tiny little video-sharing platform called TikTok. Ever heard of it? The crux of the baked oats phenomenon is simple, and much like baked oatmeal: oat flour (or rolled oats ground in a blender), adhered together with a fat and some type of binding agent, flavored with a mixture of your choice, tossed into a ramekin or other small oven-safe container, baked for a short amount of time, and garnished with a topping. It has all the ease, simplicity, and quick deliciousness of your classic mug cake.

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