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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

All Olive Bread Is Good—But This One Is Great

Castelvetrano olives are named after an eponymous town in Sicily, where they’re grown both for pressing into olive oil and simply for snacking (you might find one in your next martini, too!). Unlike the typical green olive you’d find in a salad or entrée, Castelvetranos’ mild flavor comes from being harvested at a younger stage, and because they’re typically packed in a brine that has less salt than other jarred olives. The flavor of these bright green gems leans subtly sweet and buttery, with a mellow tang. When compared to the ubiquitous little green olive in a can, the Castelvetrano is larger and substantially meatier, meaning it truly is an olive you can sink your teeth into.

All of these attributes make for an olive that is simply perfect for baking bread. The reduced salt content means less interference with your intended flavor profile (much like a baker who prefers to use unsalted butter so the salt content is completely under their control) and the thick, meaty olive flesh makes for a dramatic presentation in the loaf’s cross sections—and a substantial bite with every slice of bread.


* This article was originally published here


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