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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

The 200-Year-Old History Behind Why We Carve Pumpkins

The 200-Year-Old History Behind Why We Carve Pumpkins

It’s that time of year again! You know, the one where we lop the heads off of unsuspecting gourds, to then scoop out their guts and chisel evil patterns into their flesh. Spooky, right?

But where does this rather odd tradition come from? Well, let’s start with Halloween itself, first. You’ll likely be unsurprised to learn that Halloween, like many American holidays, was once a religious observance that became secular over the years (about a thousand years, actually). Halloween can be traced back to the Celtic festival of Samhain, which was celebrated on November 1st. On the day of Samhain, people believed that the souls of the dead returned to their homes, so they’d dress in costumes and light fires to ward off evil spirits.

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