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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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It doesn’t matter whether your kitchen is especially expansive or incredibly tiny—every cooking space has room for shelving. In fact, the more cramped your kitchen, the more important it is that you’re able to access all of your key dining essentials and ingredients without having to search high and low every time you’re about to prep a meal. But we also understand that determining where to install (and how to style) kitchen shelves can pose a bit of a conundrum, which is why we’ve rounded up…

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