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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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Sourdough Cider Doughnuts Put Everyone in the Fall Spirit

Sourdough Cider Doughnuts Put Everyone in the Fall Spirit

The Perfect Loaf is a column from software engineer turned bread expert (and Food52's Resident Bread Baker) Maurizio Leo. Maurizio is here to show us all things naturally leavened, enriched, yeast-risen, you name it—basically, every vehicle to slather a lot of butter on. Today, he’s discussing how to make one of fall’s finest apple cider doughnuts.

As a kid, I remember my grandfather would wake up every morning at 5 a.m. sharp. His destination was always the same: a local doughnut shop for a single glazed doughnut and a cup of piping-hot black coffee. I’d sometimes wake at the same time and wonder what the draw was. I mean, sure, doughnuts are great, but that’s just too early for anything. Now that I’m older, I realize the ritual of something sweet in the morning with your coffee makes for a beautiful way to get the day started. Your whole day is already filled with tasks and chores and meetings, but that bit of time in the morning is sacred, and a fabulous doughnut in hand makes it doubly so.

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