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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

3 Ways to Remove Pesky Heat Stains From Wood Furniture

3 Ways to Remove Pesky Heat Stains From Wood Furniture

Hosting season is upon us, and as fun as it can be to have your house act as the hub of all holiday commotion and gathering, it does come with a few perils, too—mainly for your furniture and decor. From Aunt Jean spilling her wine on your brand new rug (ugh!) to your favorite platter meeting an untimely death at the hands of a “helpful” kiddo, it’s not uncommon to head into January with a few bumps and bruises around your house from all the entertaining you’ve done.

One of the most annoying? Heat stains on your wood furniture. Here’s how it happens: As sides are passed around at dinner, they’re often set down on the bare wood of your table without a second thought—even if you had good intentions and paired them with a stylish trivet at the start. Tablecloths are great, but most are thin and can’t protect your beloved mahogany dining table from the damage caused by a steaming ceramic dish filled with green bean casserole. The next thing you know, you’re cleaning up post-party only to spot numerous crop circle-like stains on the surface of your wood. The culprit? Heat.

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