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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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Yes, You Can Store Tulip Bulbs Till Spring—But Should You?

Yes, You Can Store Tulip Bulbs Till Spring—But Should You?

There are so many beautiful flowers, but we humans certainly have a special relationship with tulips. And when we love something, we want to hold on to it for as long as possible. After the tulips have finished blooming, we want to see them bloom again the year after… and the year after that.

In locations with cold winters, tulip bulbs can stay in the ground after the bloom. The foliage withers and slowly disintegrates and you wouldn’t know there are tulips in the soil until they poke their tips out again the next spring. In locations with sweltering hot summers and mild winters, however, tulips cannot survive. For that reason, some people dig up the tulip bulbs after the bloom and store them in the refrigerator to mimic the cold period that tulips require.

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