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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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2022’s Colors of the Year Have a Lot in Common

2022’s Colors of the Year Have a Lot in Common 2022’s Colors of the Year Have a Lot in Common 2022’s Colors of the Year Have a Lot in Common 2022’s Colors of the Year Have a Lot in Common 2022’s Colors of the Year Have a Lot in Common 2022’s Colors of the Year Have a Lot in Common 2022’s Colors of the Year Have a Lot in Common 2022’s Colors of the Year Have a Lot in Common 2022’s Colors of the Year Have a Lot in Common

As each year draws to a close, I find myself anxiously awaiting the color trend reports for the following year. There’s just some sort of low-key optimism that comes along with the announcement—the anticipation of new things to come, and the comforting promise of change on the horizon.

Sure, the color trends could be taken at face value—corporate-picked hues selected to influence what shades all our favorite clothes and home accessories will be cast in in the following months—but they can also mean much more than that. In the past several years, companies like Pantone, Benjamin Moore, Sherwin-Williams, and more have used the palette as a porthole to a wider conversation about our world at large. Seen that way, the colors chosen as the following year’s trends are no longer just colors—they’re the physical embodiment of our conversations, our ethos, the times we live in.

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