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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
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Water Pie Was a Depression-Era Treat—Why Are People Into It Now?

Water Pie Was a Depression-Era Treat—Why Are People Into It Now?

The last gasp of summer is high time for pie making. Fruits that have spent months softening in the sun are at their best when paired with a flaky, buttery crust. But what if I were to tell you that recently, a certain pie caught my eye that needs no fruit at all? In fact, this pie requires so few ingredients that its main component is water.

Water pie, a Depression-Era recipe, has been making rounds on the internet. It’s not a nickname: The filling in water pie is in fact primarily water. There are, of course, other ingredients that help differentiate the pie from a cold glass of Evian. There’s flour, butter and sugar—but really, not much else.

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