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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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This Low-ABV Basque Wine Needs Place on Your Holiday Table

This Low-ABV Basque Wine Needs Place on Your Holiday Table

If you’re looking to switch up your usual Sauvignon Blanc or Pinot Grigio, there’s a lesser-known, super versatile white varietal that belongs on your table: Txakoli. Pronounced “cha-ko-lee” (and sometimes called “chacoli” or “txakolina”), this Basque wine is light on alcohol, delicate in flavor, and can be enjoyed before, during, and after a meal.

My first encounter with Txakoli was in the Spanish seaside town of San Sebastian, where my husband and I found ourselves on our first pintxos crawl. We asked the bartender for a recommendation to go with the array of small bites we had chosen, and without hesitation, he pulled out a slender green bottle from a bucket of ice, held it high overhead, and poured the wine into two glass tumblers with a flourish. Bright, with plenty of acidity, and slightly effervescent on the tongue, it was a perfect accompaniment to nearly every dish, from garlicky shrimp to jamon iberico. Because of its versatility (and the great memories it brings of these bars in San Sebastian), Txakoli has been in regular rotation at my house ever since.

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