Skip to main content

Featured

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
1 comment
Read more

As a New Englander living in Los Angeles, there aren’t a ton of things I miss about the East Coast. Southern California offers all the sunshine, hiking trails, and beaches I could ever want. And you can bet I never bore of the desert getaways, palm trees, or wineries. The only thing the City of Angels doesn’t have is fall. That first crisp day after a muggy summer cannot be beat. Neither can scarves and knit sweaters, apple picking and leaf peeping, or spiced cider and cinnamon doughnuts. When…

As a New Englander living in Los Angeles, there aren’t a ton of things I miss about the East Coast. Southern California offers all the sunshine, hiking trails, and beaches I could ever want. And you can bet I never bore of the desert getaways, palm trees, or wineries. The only thing the City of Angels doesn’t have is fall. That first crisp day after a muggy summer cannot be beat. Neither can scarves and knit sweaters, apple picking and leaf peeping, or spiced cider and cinnamon doughnuts. When…

* This article was originally published here

Comments

Post a Comment

Popular Posts