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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

Recall Alert: Watch Out for Hostess Hot Dogs & Hamburger Buns

Recall Alert: Watch Out for Hostess Hot Dogs & Hamburger Buns

Labor Day is just around the corner, which means that millions of Americans will be stocking up on burger patties, sausages, bags of chips, patriotic desserts, crisp lagers, and sparklers. But if you already purchased some hot dog and hamburger buns for the holiday, you may want to check the label. According to the Food and Drug Administration (FDA), Hostess Cake has issued a voluntary recall of their Soft White Hamburger Buns and Soft White Hot Dog Buns, as they may be contaminated with salmonella and listeria, two different forms of bacteria that can both cause foodborne illness. The company first announced the recall on August 13th, 2021 and has not learned of any illnesses related to the recall at this time. The bacteria was detected during a routine monitoring of the food production facility.

Fear not—no other Hostess products, including beloved nostalgic treats like Twinkies, Ding Dongs, Ho Hos, Donettes, or Honey Buns, were included in the recall.

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