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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 to Reimagine Our Homes (Without Renovating Them)

How to Reimagine Our Homes (Without Renovating Them)

Simply Living is a new column by Christine Platt, aka the Afrominimalist. Each month, Christine shares her refreshing approach to living with less, with clever tips for decluttering, making eco-friendly swaps, and creating a more mindful living space that's all you.

Without a doubt, the pandemic has forced many of us to utilize our homes in ways beyond what we ever intended. In less than two years, home has become much more than a place of shelter, the occasional flex workspace, and where we gathered with loved ones: it became synonymous with who we are, what we value most, and what we need to ensure that we feel safe and secure.

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