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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

How One Couple Effortlessly Hosts Gatherings In Their 700-Square-Foot Home

How One Couple Effortlessly Hosts Gatherings In Their 700-Square-Foot Home How One Couple Effortlessly Hosts Gatherings In Their 700-Square-Foot Home How One Couple Effortlessly Hosts Gatherings In Their 700-Square-Foot Home How One Couple Effortlessly Hosts Gatherings In Their 700-Square-Foot Home How One Couple Effortlessly Hosts Gatherings In Their 700-Square-Foot Home How One Couple Effortlessly Hosts Gatherings In Their 700-Square-Foot Home

When hosting in small spaces, challenges abound. How does one cook a meal for 10-12 guests in a barely-there kitchen? Who among small-space dwellers has room to store all the holiday decor and boughs of holly? And where should the welcome refreshments go when you have ambitiously planned a snack-fueled mingling and a subsequent sit-down dinner?

None of those quandaries have stopped Oakland residents Joe and Celia Catalino, restaurant veterans and co-founders of the sustainable wine club and online bottle shop, What To Drink, from being regular (and consummate) hosts. Over time, they have learned to cleverly work around their 700-square-foot, tight-squeeze of a home. Here, the couple—also parents to 10-year-old daughter, Lucia—allows us a peek into their full-house holiday festivities, and share expert tips that include how to combine the snacks and drinks table for efficiency, where to hide the clutter so guests don’t see it, and their picks for low-maintenance pre-batched cocktails.

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