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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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The Trick to Arranging Your Home Is Hiding in Your Recycling Bin

The Trick to Arranging Your Home Is Hiding in Your Recycling Bin The Trick to Arranging Your Home Is Hiding in Your Recycling Bin The Trick to Arranging Your Home Is Hiding in Your Recycling Bin

The dining room in Nicole Cole’s early-1900s Philadelphia, PA home already had a lot going for it when the designer and founder of Vestige HOME, kicked off its top-to-toe renovation last fall. “The original bay windows provided incredible garden views, and the size of the room (230 square feet) was more than generous,” she says, adding that its only drawback was a lack of personality.

To infuse it with some character, Cole cleverly dressed the room in accents that nod to different periods: an antique butterfly vitrine is framed by an art deco mural by local artist Carla Weeks; classical wainscoting rings the perimeter; a new chandelier suspends from above. “Pairings like these created a bit of tension, unexpected delight, and intrigue,” the designer explains.

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