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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

A Couch So Good, Half Our Editorial Team Has One

A Couch So Good, Half Our Editorial Team Has One A Couch So Good, Half Our Editorial Team Has One

You remember that scene in "Friends" where Ross keeps yelling, “Pivot! Pivot!” to Chandler and Rachel as they try to carry a couch up a flight of stairs, right? Of course you do. That was me almost four years ago—and I’m willing to bet you’ve gone through that, too.

Even though I treat the experience like a badge of honor now, it was not fun at the moment. I had to carry a huge box with no handles and a three-seater inside up four flights of stairs only to be met with an apartment door even more cramped than the hallway. By myself. That’s the stuff of rental nightmares.

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