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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

What’s Actually the Difference Between Heavy Cream & Half-and-Half?

What’s Actually the Difference Between Heavy Cream & Half-and-Half?

We love you heavy cream, but you don’t always do what we need. Sometimes your high fat content is just too thick and luscious to be used as a coffee creamer or an ingredient for pudding pie. That’s where half-and-half comes into play. Where heavy cream is too rich, half-and-half is there. But sometimes, it fails too. Half-and-half will never turn into whipped cream and no amount of churning will turn it into butter. We know they’re not the same, but what really is the difference between heavy cream and half-and-half?

What Is Half-and-Half

To understand how to cook and bake with half-and-half, it’s important to understand exactly what it is. According to my bedtime reading aka the FDA’s Code of Federal Regulations, “Half-and-half is the food consisting of a mixture of cream and milk which contains not less than 10.5 percent but less than 18 percent milkfat. It is pasteurized or ultra-pasteurized, and may be homogenized.”

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