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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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What You Should Know Before Planning a Gathering

The CDC continues to emphasize the importance of the preventative measures we've all been taking for the past year against COVID-19. You know them well: Wear a mask, wash your hands frequently, stay at least 6 feet away from those outside your household, and avoid crowds and poorly ventilated spaces.

Every day, more Americans receive their first or second vaccine, and according to the Associated Press, the U.S. is currently far ahead of its goal of 100 million doses within the first 100 days of President Biden's administration. In fact, with 2.5 million administered per day on average, the president has already bumped that goal up to 150 million, which may even end up being 200 million.

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