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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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I Overhauled My Family’s Messy Closet—With a $0 Budget

I Overhauled My Family’s Messy Closet—With a $0 Budget I Overhauled My Family’s Messy Closet—With a $0 Budget I Overhauled My Family’s Messy Closet—With a $0 Budget I Overhauled My Family’s Messy Closet—With a $0 Budget

No Space Too Small is a brand new column by Laura Fenton that celebrates the idea that you can live well in a small home. Each month, Laura will share her practical findings from years of observing how people live in tight spaces, and her own everyday experiences of living small—from the hunt for the perfect tiny desk and managing everyday clutter to how to smooth the frustrations out of cooking in a galley kitchen.

I’m not big on New Year’s resolutions because I rarely manage to stick with them, but I do love a fresh start after the holidays, especially in my home. To kick off the New Year, I decided it was time to tackle my family’s messy main closet. My husband, son, and I live in a 690-square-foot apartment, and we share one clothing closet. Lest you think we are storage wizards, we also have a small coat closet where our outerwear, vacuum, and tools live—and one in which my husband stores his equipment for work. However, because we don’t have a garage, attic, basement, or off-site storage space, our primary clothes closet works extra hard: It’s our only clothing closet, partial linen closet (the rest is in an under-the-bed drawer), and the winter home for our window AC (hello, glamourous New York City living!).

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