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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

23 Must-Make Cakes to Bake Before Summer Ends

23 Must-Make Cakes to Bake Before Summer Ends

You know how some people have a summer bucket list? Picnic on the beach, run the full loop around the park, eat at least one whole tomato per day (grape tomatoes excluded), read a book a week, catch a sunrise or two?

I have that, too...only my list consists exclusively of the cakes I want to bake while the summer's sweetest fruits are still here. Squidgy, buttery, lemony-bright, and good for wrapping in parchment and toting on the bus, these are the cakes I'll miss most once apple season's in full swing and we're flinging cinnamon, nutmeg, and cocoa like confetti.

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