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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 the Difference Between Heavy Cream & Whipping Cream?

What's the Difference Between Heavy Cream & Whipping Cream?

Here’s the thing: It doesn’t really matter if there is a difference between heavy cream and heavy whipping cream. They’re both delicious dairy products that are the crucial elements behind some of our favorite recipes like whipped cream (duh), panna cotta, ice cream, crème brûlée pie...should I go on? But I understand that it can be confusing to decipher which one is right for your recipe, so I’m sharing what to know about these creamy ingredients.

Heavy Cream vs. Heavy Whipping Cream

Surprise! There is no difference between heavy cream and heavy whipping cream. They are the exact same product, just sold by different brands under two different names. According to the U.S. Food and Drug Administration (FDA), heavy cream must contain at least 36 percent milk fat. It is pasteurized or ultra-pasteurized, and may be homogenized. The same can be said for any carton called heavy whipping cream. Again, different name, same rule. You can use them interchangeably, so my recommendation is to just look for which one is a better deal in grocery stores.

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