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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 TikTok Got Me Out of My Pandemic Cooking Rut

How TikTok Got Me Out of My Pandemic Cooking Rut

Like many geriatric millennials, I was slow to come around to TikTok. As Joan Didion once wrote about New York, it struck me as a place for the very young. But last summer I began freelance recipe development for a French food media company, a gig that required keeping tabs on the latest cooking hacks and trends bubbling up on social media. Hand forced, I finally downloaded the app, but strictly, I told myself, on a lurking basis.

To wade through the ocean of content on TikTok, an app with more than 1 billion monthly users, I began with the hashtag pages, where you’ll find the most popular videos relevant to a particular topic. It was near the top of the #waffle page that I stumbled upon creator @peachyslime.

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