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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

How Hoecakes Mark the Endurance & Strength of Black Americans

How Hoecakes Mark the Endurance & Strength of Black Americans

During the summers when my father’s mother came to visit our family, she often cooked unforgettable soul food. Her bill of fare during those months included candied yams, mashed potatoes, cobblers, and cornbread. Born in Columbia, South Carolina, during the Great Depression, when Jim Crow laws were still in effect, my grandmother knew well the traditional practices and importance of African American cuisine. Through one dish, in particular, she took it upon herself to mark the strength and survivorship that comes with Black roots—she’d mix up a simple batter, fire up the stove, and make us hoecakes.

Doused in a thick syrup—my grandmother used Alaga Original Cane Syrup—hoecakes are a point of pride in the African American community. The dish has a simple ingredient lineup, with cornmeal as its core, and often includes milk and eggs. Today’s hoecakes are fried with oil in a skillet; but the name is a hint at origin, a reminder of our ancestors’ abilities to make something whole out of the scraps we were given. According to my grandmother, the term “hoecakes” was used because the cakes were cooked on a shovel, or hoe, over an open flame. Their very existence is another example of perseverance and required adaptability of enslaved people, whose resources were scant. This mythos behind the dish (and its etymology) was upheld through tales told by many others in the African American community.

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