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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

5 Best Meringue Powder Substitutes (Glossy Icing, Guaranteed)

5 Best Meringue Powder Substitutes (Glossy Icing, Guaranteed)

Royal icing is the glaze that makes sugar cookies look beautiful for holidays. They’re what allows you to transform basic sugar cookies into iced pumpkins, snowflakes, Easter eggs, and Christmas trees. Making royal icing is simple and calls for only a few ingredients, but one of those ingredients is a bit unusual, especially if you’re not a regular home baker—it’s meringue powder! Meringue powder can easily be found in craft stores, big box retailers, and many grocery stores, but if you decide to bake a batch of sugar cookies on a whim in the middle of a blizzard, you may peer in your pantry and find that you’re out of meringue powder (or maybe you never had it in the first place). There are several ways to go about replacing meringue powder, all without having to put your snow boots on. Here are our go-to meringue powder substitutes.

But First, What Is Meringue Powder?

Real quick: meringue powder is made up of a combination of cornstarch, egg whites, and sugar. There are some gums, preservatives, and artificial flavors added to most store-bought versions, but at its core, that’s all meringue powder is.


* This article was originally published here


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