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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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Think You Hate Fondant? Think Again.

Think You Hate Fondant? Think Again.

What comes to mind when you hear the word “fondant?” You know the stuff—it’s a sweet paste you know (and likely hate) that’s used to smoothly cover elaborately decorated cakes. AKA, it’s sugary play-dough. It usually doesn’t add anything pleasant to the eating experience of the otherwise tasty cake hiding underneath it, and in fact is unpleasantly sweet for my taste.

I have used the tip of a fork to gently peel back the layer of fondant just to get to the good stuff at my fair share of weddings. It’s an imperfect solution: You’re left with a hunk of gunk on your plate that feels both unappreciative of the baker who likely worked incredibly hard to decorate it, but also like totally unnecessary food waste. And no matter how carefully you scraped, delicious frosting was sacrificed in the process. If you, too, cannot abide the loss of even one smear of buttercream, you’re probably with me in saying: That fondant is a bit gross.

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