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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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Living in a small space will teach you how to take one great idea and utilize it in as many ways —and in as many rooms—as possible. This is especially true for renters who have limited options for what we can do to our homes since, technically, they belong to someone else. Would I love to blow out the wall between my kitchen and living room to make one big, cohesive space? Of course I do. But how can I justify spending major cash on making a space more beautiful and functional if I’m going to…

Living in a small space will teach you how to take one great idea and utilize it in as many ways —and in as many rooms—as possible. This is especially true for renters who have limited options for what we can do to our homes since, technically, they belong to someone else. Would I love to blow out the wall between my kitchen and living room to make one big, cohesive space? Of course I do. But how can I justify spending major cash on making a space more beautiful and functional if I’m going to…

* This article was originally published here

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