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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

This $3 Bag Is the Most Functional One I Own

This $3 Bag Is the Most Functional One I Own

In September, I bought a house after a decade in a one-bedroom apartment. That has meant I suddenly care a lot about grout, came up with a solution for combatting grody toilets, and have spent a lot of time dissociating in big-box stores, specifically IKEA. On one of my many trips assessing options for house trappings that were both affordable and cute, I stumbled upon something that has been even more useful in my moving-house process: the perfect canvas bag.

That IKEA makes great catch-all bags is likely not news to you: its signature blue Frakta bag is a staple of urban life. I’ve been using one as a laundry bag for years, and several more are scrunched under my bed for any situation in which I need to haul an inordinate amount of things quickly. But the blue bag has its drawbacks. One, the material, though basically indestructible, is pretty crinkly, and difficult to wrangle back into its original shape without some Jiu-Jitsu. And the other is that it’s instantly recognizable as “that 99 cent bag from the furniture store”—so if you’re hoping to go incognito, it’s not the right call.


* This article was originally published here


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