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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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Why Did Hanukkah Become ‘Jewish Christmas’?

Why Did Hanukkah Become ‘Jewish Christmas’?

Every December, my holiday season officially begins when I arrive at my parents’ home and see the Star of David ornament glimmering from the branches of the Christmas tree. We don’t go to church; we eat latkes with our Feast of Seven Fishes (though Hanukkah is almost certainly already over). Yet on December 25, there are a few moments that bring about true feelings of fellowship, dare I say spirituality, even for a group of distinctly not religious people.

“Christmas is America’s most popular national holiday,” writes Rabbi Joshua Eli Plaut in A Kosher Christmas: ’Tis the Season to Be Jewish. It’s the only federal holiday with a religious foundation that is celebrated both privately and publicly—in religious and secular households; in houses of worship and civil spaces. “Whereas Jews in the United States can participate in Thanksgiving and New Year’s Day celebrations, Christmas does not belong to all Americans…If not celebrating Christmas, then what is a Jew to do on Christmas in America?”

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* This article was originally published here

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