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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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10 Sustainable Swaps for Common Single-Use Plastic Products

10 Sustainable Swaps for Common Single-Use Plastic Products 10 Sustainable Swaps for Common Single-Use Plastic Products 10 Sustainable Swaps for Common Single-Use Plastic Products 10 Sustainable Swaps for Common Single-Use Plastic Products

Earth Day is right around the corner, and there's no better way to celebrate than by doing something productive for our planet. We've partnered with LifeStraw to collect a roster of awesome products—including their LifeStraw Home water filter pitcher—that'll help you cut down on single-use plastics and show the Earth a little more love.

When it comes to single-use plastics, we've all heard it time and time again: They're clogging our waterways and packing our landfills, even deteriorating and creeping into our food. We've talked about easy ways to be eco-friendlier (starting right now) and tips for making your kitchen more sustainable—now we're diving into ways to cut down on single-use plastic in your home.

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