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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 the Other Half Eats’ Unpacks Nutritional Inequality in America

‘How the Other Half Eats’ Unpacks Nutritional Inequality in America

Have you ever thought about how differently one family eats compared with another? Sociologist and ethnographer Priya Fielding-Singh, PhD, certainly has. Her book How the Other Half Eats offers a critical examination of nutritional inequality in America through the lens of social class, race, and health, intimately following four families across the income spectrum in an exploration of the meaning of food itself. The book reveals the thin tightrope that parents—mostly mothers—must walk to feed their children while maintaining their dignity and sense of worth, even as others judge and critique their food choices. In this excerpt, Fielding-Singh explores how children’s hunger and pickiness work to shape the food that makes its way onto families’ dinner plates.

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For low-income moms, financial scarcity can give way to food scarcity. The ever-present threat of running out of money means living with the fear that food can also just as easily run out.

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