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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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How to Nail the Modern Farmhouse Look in Your Kitchen

How to Nail the Modern Farmhouse Look in Your Kitchen

Despite its humble beginnings, farmhouse design has taken on a life of its own. A style once relied on purely for its practicality and reliance on local materials, it soon caught the eye of homeowners in suburbs and cities alike, thanks in large part to the popularity of shows like Fixer Upper. Soon, a veritable obsession took hold of the design world that began transforming the interiors of mid-century modern homes, single-story ranches, and even Brooklyn brownstones into a shrine to all things shiplap.

Luckily, we’ve all dialed it back a bit, and the latest iteration of farmhouse design has a much more nuanced approach. In kitchens especially, country kitsch has been replaced by casual luxury for a “farmhouse” style that may actually have the type of appeal it takes to transition from a largely social media-driven trend into a timeless aesthetic.

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