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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 to Wrap the Tidiest Present of All Time

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We’re officially past Halloween (goodbye, spooky season, we love you!), which means it’s peak prepping-for-the-holidays time. And if you’re someone who waits until after Thanksgiving to even think about the holidays, we totally understand, but when it comes to winter temps, we all need something to look forward to.

If you’ve already plotted out a spreadsheet with what gifts to get who and when, it's likely you’re also already thinking about how to wrap said gifts. Right about now is when all the stores start stocking all the irresistible little gift bags with tiny prints and loading up on adorably-patterned wrapping paper. Then comes the actual act of wrapping…

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