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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

I'm a Luddite—But I'll Still Let My Daughter Use This E-Learning App

I'm a Luddite—But I'll Still Let My Daughter Use This E-Learning App

Full disclosure: My family is a bunch of Luddites. We're late adopters of new technology, non-gamers, and reluctant distance learners. But we do occasionally use educational apps at home, as a distraction in a car ride, or as a way to pass the time at the dentist's office.

Educational apps are ubiquitous—my nine-year-old daughter uses them in the classroom, and her teachers used them when school pivoted online during the pandemic’s fiercest waves. And even now that school is back in session, her teachers still use Go Noodle, a YouTube-like platform with videos and games focused on wellness, mental health, equanimity, and resilience, and also Epic! Books, a digital reading platform for the 12-and-under set. Fellow Food52 parents also love Khan Academy Kids, an app that teaches core skills like literacy and writing to kids two to six. My personal favorite as a tech-averse parent though is the good old-fashioned library where we can spend hours browsing and reading books before checking out our favorites.

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