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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 I'm Spring Cleaning in November

Why I'm Spring Cleaning in November

Mattresses being heaved off to the roof to get their spot under the early winter sun… one of my more visceral memories of late October in Northern India. Not just any day in October, but about two weeks before the festival of Diwali. Because what is ostensibly the festival of lights—not to mention an occasion to devour all the snacks and desserts—is also prime time for most Indian households to play an extended game of “spring” cleaning.

The mattress sunning was often just the start of it at my own home, to be followed by a Byzantine checklist of cleaning tasks: washing foot mats and rugs, wiping curtain rods and windows clean, disinfecting knobs, emptying out and rebuilding the insides of (perfectly neat) closets, and dusting fans. It was a purge-and-reorganize marathon that got much of the household involved, usually starting at the two-to-three-week mark to the festival.

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