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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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Every year, as Thanksgiving looms, the texts from increasingly panicked hosts begin to roll in: * How do I make a pumpkin pie without dairy? * My sister-in-law is gluten-free, but demands stuffing. * What do I make instead of turkey for a table of vegans?! First of all, take a deep breath—it’s just one meal. There will be three more tomorrow! As you take another big inhale, know that I’m here to help you find delicious vegan turkey substitutes that will appeal to both meat-eaters and anyone on…

* This article was originally published here

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