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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 Unlikely Resilience of the Calcutta Chop

The Unlikely Resilience of the Calcutta Chop

The Bengali chop might be the perfect metaphor for the British colonial era. The British forged an Empire that sought to impress its culture upon India, but was so heavily influenced by the colonized that a hybrid new form emerged. The chop traveled from English kitchens to Indian ones gathering spice, egg wash, mince, breadcrumbs, and chickpea flour until it had only the faintest resonance with its original. Along the way, it paused at that most British of institutions—the Club—which was crucial in disseminating it through Bengal.

Once the British subjugated India, they began prospecting for a simulacrum of home for the "preponderance of single British men, or married men living singly in India, especially in the early decades of colonial rule," writes Mrinalini Sinha in her essay, “Britishness, Clubbability, and the Colonial Public Sphere.” Clubs fulfilled this purpose splendidly, banding together to form a community. Unsurprisingly, these mirror kingdoms of Britishness functioned on exclusion and racial homogeneity. Club members—largely upper class, male, white European colonials—cupped the power of the country firmly in their hands; it was at these old seats of power that deals were brokered, policy was decided, and social connections were started or scuppered.

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