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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 percen...

Seattle has some of the best restaurants in the country. A few summers ago, as I worked in New York and my partner worked in the Emerald City, I flew out to stay with him. We didn’t so much plan an itinerary as we planned meals—breakfast, lunch, and dinner; snacks between breakfast, lunch, and dinner—many of which were at Renee Erickson's great restaurants. After cooking her recipes for years, one of my trip goals was to finally enjoy her food in person. And did we ever. But we also stumbled…

Seattle has some of the best restaurants in the country. A few summers ago, as I worked in New York and my partner worked in the Emerald City, I flew out to stay with him. We didn’t so much plan an itinerary as we planned meals—breakfast, lunch, and dinner; snacks between breakfast, lunch, and dinner—many of which were at Renee Erickson's great restaurants. After cooking her recipes for years, one of my trip goals was to finally enjoy her food in person. And did we ever. But we also stumbled…

* This article was originally published here

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