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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

These Are the Best Substitutes for Cardamom, Hands Down

These Are the Best Substitutes for Cardamom, Hands Down

Cardamom is a powerful, extra-special spice that can add warmth to savory and sweet dishes alike, from challah and roast poultry, to blondies, hot chocolate, snickerdoodles, and rice pudding. “Think about creative ways to use cardamom and make it a go-to spice. It can be a substitute for cinnamon, rather than the other way around,” says Angel Anderson, owner of The Spice Suite in Washington D.C. Ahead, learn all about what makes cardamom unique—and, should you ever run out, the best spice substitutes to use in its place.

What Is Cardamom?

Cardamom is a spice that adds warmth to sweet and savory dishes. There are two types of cardamom seeds that you’ll find in a grocery store or spice shop—green cardamom and black cardamom. Green cardamom is the type that home cooks and bakers are more likely familiar with, but both varieties of this expensive spice have a place in savory and sweet dishes. Because it can be pricey to buy both whole and ground cardamom (Anderson notes that it’s the third most expensive spice in the world), you’re more likely to come across recipes that call for green cardamom, so that’s the best variety to have on hand. “Even if you’re not a baker, you can add ground green cardamom to French toast, pancakes, or biscuits—things that most people make all the time—when you’re tired of cinnamon,” she adds.


* This article was originally published here


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