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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

These Food Words Were Just Added to the Dictionary

These Food Words Were Just Added to the Dictionary

Language is not a fixed thing. If you need any proof of that, go read Shakespeare or something. No, but really, language is a constantly evolving, amorphous being. It changes and adapts to its environment. Take 2020 for example, in the course of one—extremely momentous—year, the English language adopted an entire host of new phrases to reflect our situation and communicate our new reality. (Had you ever said “Zoom happy hour” before last year? Me neither.) Who better to formally arbitrate our current vocabulary than Merriam-Webster themselves? Yes, the folks at the eponymous dictionary actually add new (and additional meanings to existing) words annually in a bid to modernize the language and this year’s batch just dropped. But first, a few gems from last year: self-isolate, WFH, contactless.

There are, of course, important additions by Merriam-Webster to the 2021 English language, like deplatform and super-spreader, that accurately depict our modern speech, but because we’re a food site and all we can think or talk about is food, we’re going to be focusing on the new words that have to do with, you guessed it, food.


* This article was originally published here


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