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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 percen...
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This Cutting Board Is Made From Single-Use Utensils

In one corner of my cutlery drawer sits an unlikely candidate: my guilt. It sits atop a bunch of forks and spoons, paper napkins, and chopsticks—my cumulative takeout "extras." For years I have tried to address this via the number of times we order in (which is at odds with wanting to support our local restaurants), what we order, and repeatedly writing “NO CUTLERY AND NAPKINS, PLEASE!!!” in the special requests section. Yet... the single-use cutlery keeps finding its way in.

Each year, after just one use, millions of units of restaurant cutlery are thrown out, and end up in landfills and in our waterways. Plastic cups, plates, utensils, and straws are obviously a big source of pollution (a smart and successful campaign made straws the villain of the piece), but as I’ve learned, wooden (bamboo and others) chopsticks are culpable, too. The common assumption that chopsticks are produced with scrap wood products just isn’t true: millions of trees are logged each year to make chopsticks that are shipped around the world, used once, and discarded. And because they’re treated with chemicals, and soiled after use, they often can’t be recycled.

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