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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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After a Divorce, Who Gets the KitchenAid?

After a Divorce, Who Gets the KitchenAid?

My KitchenAid is a symbol, a talisman. It’s cherry red, I say, but the official name is Empire Red, and it takes up a significant chunk of my kitchen counter’s limited space. I’ve kept it through my many moves (across the country twice, to Central Asia and back, up and down the East Coast a few times), through my periods of uncertain housing when I lived out of suitcases on someone’s couch, and through my descent from local baking legend to gluten-free grump.

It was a wedding gift. I’d grown up using my mom’s 8-quart white model for baking cookies for church fundraisers, dozens upon dozens of pies for family holidays and birthdays, and loaf after loaf of homemade bread. It was a workhorse—she replaced a bolt in the motor once, but it’s still going strong nearly 30 years of hard use later. Baking was my comfort zone, an escape in the chaos of my huge family, and a way I bridged the awkwardness of being the weird homeschooler when I went to college. Many things will be overlooked if you come bearing cookies, and so that’s how I made friends at first.

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