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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

Saturday Surfing, May 29, 2021

Saturday Surfing, May 29, 2021

Hi, guys. Happy Caturday! It’s Memorial Day weekend, a.k.a. the unofficial summer kickoff. A lot of folks are hitting the pool or beach or other sunny points beyond armed with sunscreen, which is why I wanted to call attention to a related story evolving here in the U.S.

I’ll link some videos and articles below, but in a very abbreviated nutshell, a third-party lab recently tested a bunch of sunscreens and sun after-care products and found that 78 of the products they tested were contaminated with benzene, “a known carcinogen linked to a variety of harmful effects.

My hope is to not freak you out, just to highlight a developing story.

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A post shared by Dr. Dustin Portela (@208skindoc)

Along with a summary of their findings, the lab released two lists, one of the products that were contaminated with benzene, and another list of products that weren’t. They also included specific lot numbers of the batches they tested.

I was shocked to see some big brands among those on the contaminated list (Neutrogena, Banana Boat, Elta MD). I was even more shocked to see that the La Roche Posay Anthelios 60 Sunscreen Lotion Spray I bought last month was on the naughty list.

Continue reading "Saturday Surfing, May 29, 2021" on Makeup and Beauty Blog.

* This article was originally published here


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