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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...
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What Is a Buy Nothing Group? Only the Best Thing I’ve Joined.

What Is a Buy Nothing Group? Only the Best Thing I’ve Joined.

Simply Living is a new column by Christine Platt, aka the Afrominimalist. Each month, Christine shares her refreshing approach to living with less, with clever tips for decluttering, making eco-friendly swaps, and creating a more mindful living space that's all you.

Early in my journey to living with less, I did what most people do when they are ready to part with items that no longer serve them: I gathered up my donations and drove them to my local Goodwill. I recall feeling so accomplished while waiting in line to drop off my items, a feeling that only grew stronger as my car approached the free-standing donations’ trailer. Until one day, I found myself pulling up right when items were being transported inside the local facility. Given the angle of my vehicle, I could see directly into the Goodwill storage area. I was horrified. I had never seen so many industrial-sized rolling bins overflowing with things.

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