Skip to main content

Featured

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
1 comment
Read more

Wait, Are Eggs Dairy?

Whether eggs are dairy almost seems like a nonissue at first thought. Eggs and dairy products have such few similarities and perform such different functions in recipes that it sounds nonsensical to conflate the two. Dairy is what gives ingredients like milk, ice cream, cheese, and yogurt a delicate, creamy sweetness that coats your mouth. Eggs are the protein-filled wunderkind of the kitchen that supplements our breakfast plates, binds together our baked goods, thickens custards, and whips up into cloudlike meringues, along with a bevy other culinary applications. Eggs are eggs; dairy is dairy. Simple as that, right?

But as any anxious person will tell you, nothing is ever that simple. Maybe you start to notice how close eggs and dairy are kept in the supermarket—it is only called the “dairy” aisle after all. So wait…are eggs dairy?

Read More >>



* This article was originally published here

Comments

Post a Comment

Popular Posts