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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 4 Best Substitutes for Ginger

The 4 Best Substitutes for Ginger

I grew up with a steady supply of fresh ginger in my kitchen. While some kids woke up to the smell of pancakes or eggs and bacon, I rose to the sweet and slightly spicy scent of my mother’s ginger tea, a cup of which warmed me up on cold winter mornings and settled my stomach for the breakfast I’d prepare for myself before school (I was a very picky eater). Nowadays, my mornings begin with a strong cup of coffee, but I always have some fresh ginger on hand in case I’m feeling tea or am cooking something that could use a little extra oomph. But once in a while I reach into the crisper of my fridge to find that I’ve forgotten to replenish my stash: All that’s left behind is a shriveled up and slightly moldy knob that’s headed straight for the trash.

If you find yourself there, too, there’s still hope! When it comes to the best ginger substitutes, it’s certainly easier with some recipes than others. For example, apple pie cookies would be fine with a substitute, but in something like gingery spice cake (or my mom’s tea!), where ginger plays a main role, you might just need to head to the store. Regardless, there are likely a few items knocking around your pantry that can do the trick.

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* This article was originally published here

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