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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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Rediscovering the Joy of Visiting Other People’s Homes

Rediscovering the Joy of Visiting Other People’s Homes

“It’s called an Airplane Bungalow,” explained my sister Mary Alice, as she led me up the dark wood stairs. She had been living in her new East Dallas home for at least a year but it was my first time visiting. On the second floor, there were two bedrooms surrounded by windows, calling to mind the cockpit of an airplane. As I set my bags on the floor of my niece’s teenage lair and took in the all-around views, I got the idea.

It was well past sunset when I arrived, the sky inky-purple, but the following day, the airplane design shined through, leaving the upper rooms drenched in sunlight, despite the black tapestry that my niece plastered over several of the windows (you know, teens).

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