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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

How to Use Sourdough Discard in Any Recipe

Sourdough starter needs to be fed constantly to keep the cultures active. But if you add more flour and water today, then more flour and water tomorrow—and on and on—you’ll end up with a starter big enough to occupy your kitchen. That’s where discard comes in: the portion of starter you, well, discard before feeding.

But don’t interpret discard as throwaway. For starters (pun intended), it’s a matter of food waste. Small amounts of discard swiftly add up in the trash, compost bin, or drain, especially if you feed your starter daily. Why toss something that you can put to good use?

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