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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

We're Calling It: This Is the Golden Age of Candles

I grew up in a house pretty much devoid of candles, unacquainted with their simple pleasures until I flew the nest. My mother is very scent-sensitive (seriously, the woman can catch a whiff of a Reese’s peanut butter cup from 15 feet away) and is an insurance adjuster who’s seen too many house fires start from unattended candles. So, I discovered the charm of a nighttime candle only in college, at which point they were banned in dorm rooms (understandably so), and were all the more precious since they were at constant risk of confiscation.

Fast forward to my adult life, and boy do I still love the evening ambience. I’ve got multiple candles in every room, set up with little jars of matches for whenever the mood strikes. I’m far from alone in this, as well, according to the explosion of candle content to be found on the internet in the past year. We’ve seen people of all ages reshaping, making, reviewing, and caring for their beloved candles like never before, and it’s really a pretty wholesome hobby to indulge.


* This article was originally published here


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