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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

The Best Nonalcoholic Wines to Serve at Thanksgiving

The Best Nonalcoholic Wines to Serve at Thanksgiving

The traditional Thanksgiving dinner has a reputation for being particularly challenging to successfully pair with wine, but finding a nonalcoholic accompaniment that works with white and dark meat turkey, half a dozen (or more!) sides, and heavily spiced desserts used to be all but impossible. Until recently, the only wineglass-appropriate beverages for nondrinkers were sparkling apple ciders. While there’s nothing wrong with a good old-fashioned bottle of Martinelli’s, it’s just too sweet to bring out the best in herbed stuffing, tart cranberry sauce, and cinnamon-spiced pies. Luckily, there are now plenty of sophisticated nonalcoholic wine alternatives, from those that try to directly emulate wines, to more adventurous flavor combinations beyond a winemaker’s wildest dreams! For something a bit more grown-up than what you used to drink at the kid’s table, there are now zero-proof options to satisfy any palate.

Sparkling Alternatives

In general, dealcoholized wines are horribly disappointing, even those made by actual winemakers. Many have flummoxing rave reviews and taste like expensive bottles of too-sweet grape juice to me. Dealcoholized sparkling, however, is the exception that proves the rule. Among wine drinkers, the easiest pairing that will get you from the first hors d’oeuvres to the last bite of pumpkin pie is a good, dry sparkling, and there are some excellent zero-proof options.

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