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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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How Our Favorite Beauty Brands Are Fighting Climate Change

You may have recently seen your social feed flooded with the same red graphic reading “This is a #CodeRed4Climate”. ICYMI or didn’t get a chance to dig in to it yet, more than 100 major beauty brands—ranging from skincare and makeup to haircare and wellness—hit pause on their marketing efforts on September 21 to talk climate change instead. As part of Climate Change Week, they took the opportunity to get the attention of their audience—and hopefully Congress, too.

This collective of 100+ beauty brands united to share their pledge of continued climate change, posted an open letter to congress in support of climate policy across their social media channels and websites, and urged their community to call federal representatives.

So, what’s the end goal? To support critical climate solutions in four key ways:

  • A Clean Electricity Payment Program that cuts emissions and modernizes our grid

  • Directing 40% of funding to frontline communities

  • Ending subsidies for fossil fuel corporations

  • A Civilian Climate Corps that puts people to work

Participating brands include Briogeo, Farmacy, Herbivore, ILIA, Kjaer Weis, Moon Juice, Saint Jane Beauty, SELFMADE, Sol de Janeiro, True Botanicals, UOMA Beauty, Vintner’s Daughter, and so so many more!

To check out the full list of participating brands and learn more about how you can do your part in the fight against global warming, visit codered4climate.org.

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* This article was originally published here

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