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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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The Best Gruyère Cheese Substitutes for Nutty, Salty Goodness

The Best Gruyère Cheese Substitutes for Nutty, Salty Goodness

Gruyère is a cheese staple because of its creamy, nutty flavor and sturdy, semihard texture. It’s the perfect addition to a cheese or charcuterie board, plus one of its strengths is that it melts easily for recipes like French onion soup or a croque monsieur.

It also happens to be one of the most expensive cheeses in the grocery store, averaging about $15 to $20 a pound if you’re going for the AOC label. And no, we’re not referring to Congresswoman Ocasio-Cortez—we assume she is too busy to be stamping cheeses. AOC stands for appellation d’origine contrôlée, which in French cheese-speak is the label that protects a product’s ingredients and methods, tying them to a particular location.

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