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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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The 14 Types of Christmas Trees You'll Find on the Farm

The 14 Types of Christmas Trees You'll Find on the Farm

Before you go out and buy—or cut—your own Christmas tree, you no doubt have an idea about how big a tree (height and diameter) you can fit in your space. Size, however, is not the only criterion to consider. How much are you planning to decorate the tree? Are the ornaments lightweight or heavy? Are the needles soft enough so they don’t create a hazard for kids and pets? Do you want a tree that exudes a strong fragrance that spreads through your home? And finally, how well will the tree retain its needles?

This will help you narrow down the type of tree to look for. Most Christmas trees sold in the United States are firs, but in the south, pines are also common because they can grow in warmer climate zones. If you are living in a hot climate, pines might be the only locally grown Christmas trees available.

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