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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

Reese’s Launched an Epic Peanut Butter Pie, Just in Time for Thanksgiving

Reese’s Launched an Epic Peanut Butter Pie, Just in Time for Thanksgiving

I’ve had an ongoing relationship with Reese’s for years. By relationship, I mean I consume an excessive amount of peanut butter cups, peanut butter M&Ms, and Reese’s sticks on a daily basis. I open my heart to Reese’s day and when I eat too many peanut butter cups and end up with a stomach ache, I offer forgiveness and say to Reese’s, "it’s not you, it’s me."

So when my dearly beloved candy company announced that they were launching their largest peanut butter cup ever—a 3.4-pound, nine-inch “pie”—just in time for Thanksgiving, I imagined myself popping some Tums and diving fork-first into the biggest slice of chocolate peanut butter goodness to grace my Turkey Day feast. 3,000 Reese’s Pies, which are essentially just giant peanut butter cups, were available for purchase exclusively through Hershey’s website for $44.99, plus tax.

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