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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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My Time-Traveling Bowl of Spaghetti & Meat Sauce

It always starts the same. I slick the bottom of my biggest enameled cast iron pot with a glug of olive oil then, thwap! I plop in a brick of fatty ground beef or pork, reveling in the crackling applause as its edges start to caramelize. I sprinkle the browned meat with salt before scooping it out and tipping in a heap of diced onions, their familiar sizzle and aroma wrapping me in a warm embrace.

From there, the meat sauce I’ve cooked faithfully throughout my adulthood can take up a hundred tiny variations before I toss it with pasta and shove comforting heaps of it in my face. Most often, it involves plenty of chopped garlic, pureed tomatoes, a handful of torn herbs, and maybe a splash of last night’s red wine.

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