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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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How Baba's Surprise Pastries Kept Our Family Together

How Baba's Surprise Pastries Kept Our Family Together How Baba's Surprise Pastries Kept Our Family Together How Baba's Surprise Pastries Kept Our Family Together

Good food is worth a thousand words—sometimes more. In My Family Recipe, a writer shares the story of a single dish that's meaningful to them and their loved ones.

The packages began arriving in early April, a few weeks after the pandemic confined my father to his home. The first box contained sambusac, Iraqi pastries filled, variably, with chickpea paste, salted cheese, or a mix of nuts, sugar, and cinnamon. The next box carried kubbot, deep-fried Iraqi dumplings with ground meat, cumin, cardamom, and pine nuts. After that came jars of quince jam and Tupperwares of stuffed grape leaves, which we shared with our neighbors. The fifth box—this time at my son’s request—delivered gaurag, a crunchy Iraqi flatbread, packaged in enough Bubble Wrap to survive the flight from Los Angeles to the Bronx intact. It did.

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