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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 Stress-Free Guide to Small-Space Entertaining

The Stress-Free Guide to Small-Space Entertaining

No Space Too Small is a brand new column by Laura Fenton that celebrates the idea that you can live well in a small home. Each month, Laura will share her practical findings from years of observing how people live in tight spaces, and her own everyday experiences of living small—from the hunt for the perfect tiny desk and managing everyday clutter to how to smooth the frustrations out of cooking in a galley kitchen.

The one and only time I ever wrote a letter to the newspaper, I had recently moved out of a 265-square foot studio and The New York Times had just run a home tour of a similarly small studio in their Home section. The apartment, which belonged to decorator Zach Motl, was fantastic—it still holds up all these years later—but I was irked by Motl’s assertion that you wouldn’t want to cook in a small apartment. I love to cook and I especially love to cook for friends, so I wrote the Times to say that “no matter the size of his space, I wholeheartedly disagree.”

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