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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
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11 Small-Space Ideas I Stole From Organizing Pros
No Space Too Small is a brand new column by Laura Fenton that celebrates the idea that you can live well in a small home. Each month, Laura will share her practical findings from years of observing how people live in tight spaces, and her own everyday experiences of living small—from the hunt for the perfect tiny desk and managing everyday clutter to how to smooth the frustrations out of cooking in a galley kitchen.
I live in a small space by choice. My 690-square-foot apartment is not tiny, but it is relatively small for a family of three. (The median house size in America is about 1650 square feet, and the average size of new houses exceeds 2,000 square feet.) I chose to live small so we could stay in New York City and not go broke.
* This article was originally published here
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Interparfums FY 2022: record earnings as operating profit soars 33 percent
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