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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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10 Outdoor Christmas Decorations that Won't Hike Up Your Electric Bill

10 Outdoor Christmas Decorations that Won't Hike Up Your Electric Bill

Every December, my mom will say “Come on, please!” enough times that the rest of the family would finally relent and pile in the car to gawk at the local light displays. She adores Christmas and delights in the annual car ride around our large and winding neighborhood, slowing down to get a better look at her favorites, turning around to pass by again, and then hypothesizing about how she can put her own spin on them.

And I know it’s not just my mother. According to a 2019 Gallup poll, 93 percent of Americans celebrate Christmas, which naturally translates into a lot of front yard odes to the holiday. By that logic, if every one of those people had a front yard to decorate, there would be 305.3 million decorated homes. But not everyone has a giant space to deck out in twinkling lights, and no one wants to foot the electric bill that comes after a month of powering them 24/7.

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