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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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Embracing My Family's Quirky Holiday Traditions From Far Away

Embracing My Family's Quirky Holiday Traditions From Far Away

Christmas at my mom’s begins with the tree. I wouldn’t call it a tradition so much as her obsession with erecting the perfect hulking evergreen—so tall that its tippy top brushes against our living room ceiling—and decorating it just so with white lights and ornaments, some as old as her adult children, others new additions to replace the broken bulbs of years past. Like the accumulated Christmases under our belts, each ornament has its own story to tell.

Behind the tree there is a sliding glass door, and just outside, a deck that hangs over the open woods, which serves as an annual Christmas tree graveyard. There, the beloved trees will inevitably find themselves on the 27th of December, tossed out just as fast as they were dragged into our home, before their needles even have the chance to turn brown and descend on my mom’s spotless wooden floor.

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