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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

Mexico's Most Popular Sandwich Is Also the Easiest Make at Home

Mexico's Most Popular Sandwich Is Also the Easiest Make at Home Mexico's Most Popular Sandwich Is Also the Easiest Make at Home Mexico's Most Popular Sandwich Is Also the Easiest Make at Home Mexico's Most Popular Sandwich Is Also the Easiest Make at Home Mexico's Most Popular Sandwich Is Also the Easiest Make at Home Mexico's Most Popular Sandwich Is Also the Easiest Make at Home Mexico's Most Popular Sandwich Is Also the Easiest Make at Home Mexico's Most Popular Sandwich Is Also the Easiest Make at Home

On a quiet corner in the Roma neighborhood of Mexico City, the employees at Tortería Los Güeros, a torta restaurant open since 1974, are going through their opening routine. Genaro Aburto, an owner and torta maker, bends downs to drag a plastic tub into view. “Today is the day we make the pickles,” he says, nodding at the mass of mottled red and green jalapeños bobbing in water. “We’ve already got the carrots, onion, and cauliflower cooking.”

Aburto is just one among legions of torta makers in the capital, those dedicated to assembling Mexico’s most popular sandwich. Though tortas have been eaten for more than a century now, wheat consumption was, at first, fiercely resisted. When the Spanish arrived in the early 1500s carrying wheat, they found an entrenched culture of corn that had been in place for more than 2,000 years. The Spanish created smear campaigns to denigrate corn while proselytizing the purity of wheat; when the taste for bread still failed to catch on, they forced indigenous populations to grow and process it. Hundreds of years later, bread has not supplanted the corn tortilla, though it is eaten as sweet pastry in the mornings, served alongside stews for lunch, rolled into tortillas in the north, and used to sandwich cold cuts and proteins in the ubiquitous, pedestrian torta.

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