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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

The Great Scent Debate: Diffusers vs. Candles

The Great Scent Debate: Diffusers vs. Candles The Great Scent Debate: Diffusers vs. Candles The Great Scent Debate: Diffusers vs. Candles The Great Scent Debate: Diffusers vs. Candles

There’s nothing our home team loves more than a nice-smelling space whether it’s bright, fresh lemons or that Anthropologie scent. The part that some of us disagree on though? How the scent gets there in the first place—via candle or essential oil diffuser. (Yes, I know there are reed diffusers, room sprays, and little sachets of uncooked rice and oil, but these two are the most common, so we’re going to stick to that.)

Both have their pros and cons, and I would be doing my teammate dirty if I tried to sway you before our opening arguments. So without further ado, the lawyers in Candle vs. Diffuser present their cases.

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* This article was originally published here

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