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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 FDA Is Investigating a Major E. Coli Outbreak in Spinach

The FDA Is Investigating a Major E. Coli Outbreak in Spinach

The Food and Drug Administration (FDA) is investigating a major outbreak of E. coli in raw spinach, just one week before Thanksgiving, according to a press announcement shared by the FDA on November 16th, 2021. The report reveals that there have been a total of 10 illnesses linked to the E. coli outbreak across seven different states including Iowa, Indiana, Michigan, Minnesota, Montana, Ohio, and South Dakota. The infections reportedly occurred between October 15th and October 27th, and five people reported eating spinach one week before becoming sick. At least one person reported eating Josie’s Organics brand of raw spinach as the specific cause.

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A bit on the outbreak from the FDA itself:

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