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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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15 Best Bar & Alcohol Gifts, According to Our Resident Drinks Expert

15 Best Bar & Alcohol Gifts, According to Our Resident Drinks Expert 15 Best Bar & Alcohol Gifts, According to Our Resident Drinks Expert 15 Best Bar & Alcohol Gifts, According to Our Resident Drinks Expert 15 Best Bar & Alcohol Gifts, According to Our Resident Drinks Expert 15 Best Bar & Alcohol Gifts, According to Our Resident Drinks Expert 15 Best Bar & Alcohol Gifts, According to Our Resident Drinks Expert 15 Best Bar & Alcohol Gifts, According to Our Resident Drinks Expert 15 Best Bar & Alcohol Gifts, According to Our Resident Drinks Expert 15 Best Bar & Alcohol Gifts, According to Our Resident Drinks Expert 15 Best Bar & Alcohol Gifts, According to Our Resident Drinks Expert 15 Best Bar & Alcohol Gifts, According to Our Resident Drinks Expert 15 Best Bar & Alcohol Gifts, According to Our Resident Drinks Expert 15 Best Bar & Alcohol Gifts, According to Our Resident Drinks Expert 15 Best Bar & Alcohol Gifts, According to Our Resident Drinks Expert 15 Best Bar & Alcohol Gifts, According to Our Resident Drinks Expert 15 Best Bar & Alcohol Gifts, According to Our Resident Drinks Expert

It should come as no surprise that as someone who has been professionally drinks-saturated for the last 15 years, my go-to gifts are all beverages, all the time. I grew up in a family that had relatively robust gift-giving traditions (for example, every year, our gifts came with riddles we had to solve before we could open them), so I've developed a useful set of principles that I live by.

For me, gifting is less about the transfer of property from one person to another, but really about showing someone how much you know and love them. Shareable gifts such as alcohol and non-boozy drinks are a perfect way to express that because it says, “Hey, I like you, and I think you will like this thing. Let’s enjoy it together.” Consumables like drinks (again) are also great because you’re asking far less of the recipient. They don’t have to hang on to whatever tchotchke you gave them long enough so that they don’t look callous for swiftly discarding (or regifting) it.

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* This article was originally published here

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