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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
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18 Small Pantries Big on Smart Storage Solutions

18 Small Pantries Big on Smart Storage Solutions

Why is it that all the super-satisfying pantry makeovers seem to have one thing in common? That one thing being space, and lots of it? Every time I “ooh” and “aah” over a freshly decluttered and rearranged pantry, it’s a space probably five times the size of mine—and I’m truly not exaggerating. It’s easier, presumably, to make things look neater and cleaner when there’s more space for breathing room, but it’s harder to find functional (and attractive) solutions when you’re low on space.

While it’s always fun to ogle expansive homes with walk-in pantries and such, the reality is that most of us don’t have a ton of storage, especially in the kitchen. In fact, a lot of homes and apartments—my own included—are fairly sparse in the food storage department, which forces us to get crafty if we want to keep everything organized and out of sight.

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