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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 Comforting Continuity of Comida Corrida

The Comforting Continuity of Comida Corrida

Ask anyone who visits Mexico City, and they’ll tell you that they’re there for the food. The dishes that circulate the bucket lists for tourists visiting the federal district—the bi-colored pescado a la talla at Contramar, Pujol’s toddler-aged mole, and late-night tacos at Los Cocuyos—are destination dishes in their own right. But I tend to direct inquirers, friends visiting the city, and customers at my restaurant, Cicatriz, in a decidedly different direction: towards an unremarkable, un-Instagrammable plate of rice.

Rice is second in the three-course parade that is comida corrida, a pedestrian set meal offered at thousands of inexpensive restaurants throughout the city. Comida corrida or comida economica, literally “fast food” or “affordable food," preserves the ceremony of the modern midday break from work while reflecting the popular flavors that reverberate through Mexico City and the country at large.

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