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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

Cuban-Chinese Arroz Frito Is a Reminder Of A Complex Past

Cuban-Chinese Arroz Frito Is a Reminder Of A Complex Past

Ask a Cuban-American for a traditional family recipe and you’ll find a common source of laughter. After all, years of training as tiny sous chefs to our abuelas and mamas have taught us that Cuban food (largely considered a peasant cuisine in the culinary world,) is first and foremost about learning to adjust for which ingredients one might have on hand, as well as the preferences of who is cooking and eating. In fact, it seems that if there has ever been a rule to follow precisely when it comes to cooking a Cuban dish, it is to have a grasp of the history behind the meal you’re about to serve, as it has had such an influence on your identity. While being encouraged to measure out cups of rice and seasonings for dishes like ropa vieja and Moros y Cristianos by handfuls and finger pinches, young Cuban-Americans learn the essential lessons of their island country’s extensive, and often unexpected, past.

For me, a first generation-American by way of my mother (she fled Cuba along with her parents and siblings during the Revolution,) the most impressionable lesson about our island country’s culture lies in one of my favorite meals: arroz frito, a Cuban classic with Chinese roots.

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