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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 percen...
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Video is not supported in your browser Man! I cannot believe summer is over. What the!? And we didn’t even get many hot days this year. It’s weird out here in the Bay Area because we get some of our warmest weather in early fall, but still. I wanted more pool days by now. Tabs would have done a big summer send-off this weekend with a full-scale kitty modeling show. He always liked to end the seasons with a huge event of some kind, and then follow it up with a party to ring in the next season.…

Video is not supported in your browser Man! I cannot believe summer is over. What the!? And we didn’t even get many hot days this year. It’s weird out here in the Bay Area because we get some of our warmest weather in early fall, but still. I wanted more pool days by now. Tabs would have done a big summer send-off this weekend with a full-scale kitty modeling show. He always liked to end the seasons with a huge event of some kind, and then follow it up with a party to ring in the next season.…

* This article was originally published here

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