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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

Italians Hated Pizza for Centuries—Tourism Changed Everything

Italians Hated Pizza for Centuries—Tourism Changed Everything

Sometime around the 12th century BCE, Troy fell to the Greeks. As the Roman poet Virgil recounts the story, the mythical hero Aeneas then fled his ravaged city aboard an uncooperative ship with a motley crew. The son of a goddess and a prince, he carried the ancestral burden of begetting a lineage of rulers in a foreign land. After many days at sea, Aeneas and his band disembarked on the shores of Latium (where many generations later, Rome would be founded). Exhausted and famished, they hastily prepared a meal. So hungry, the crew even ate their plates.

Admittedly, these plates would have been like trenchers, sturdy supports made of baked dough. When dry, they still posed a substantial dental challenge—akin to those ornaments made out of salt dough. In theory, they were edible, but eating your dishware was still considered uncouth. Aeneas looked on incredulously, as his men voraciously gnawed on their plates, like dogs with a rawhide bone, when suddenly he remembered the prophecy his father had foretold: When you find yourself in a foreign land and are so driven by hunger that you eat your own plates, that is when you can hope for home. They had found the “Promised Land.”


* This article was originally published here


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