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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 to Make the Most Adorable DIY Felt Ornaments

How to Make the Most Adorable DIY Felt Ornaments How to Make the Most Adorable DIY Felt Ornaments How to Make the Most Adorable DIY Felt Ornaments How to Make the Most Adorable DIY Felt Ornaments

When the weather cools and the days shorten, I like to have a few crafty projects going that I can work on—in front of the fireplace or TV—ideally using cozy materials like wool roving or yarn. (And, if the projects make nice gifts for someone on my list, even better!)

Needle-felting wool is a fun, easy, and incredibly satisfying craft—all you really need is the wool roving, felting needles, and a foam felting mat. Joining loose wool strands into something solid almost feels like magic. Wool fibers have scales and when they are agitated (like when they are rolled are stabbed with a felting needle) the directions of the fibers move around and the scales permanently lock into each other, creating felt! The more you stab the needle all over your shape, the smaller, tighter, and smoother the shape will become.

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