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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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Why It's So Hard to Recreate Your Grandma's Chicken

Why It's So Hard to Recreate Your Grandma's Chicken

The worst thing I ever baked was my grandmother’s banana bread. I was 20 and a fairly good, though not entirely confident, baker. I followed the recipe—a handwritten script with a list of ingredients and two or three sentences of instructions—but the bread came out rock hard. Had I misread her handwriting? Were my ingredients different from hers? To this day, I don’t know what I did wrong.

Whether it's indecipherable handwriting or insufficient instruction, family recipes can often be difficult to recreate. Add the pressure of making something that's imbued with history and meaning, and even the most assured cook is bound to feel less confident. Some of these come from cookbooks, dog-eared and stained from use; others have been passed down in the kitchen, with the guiding hand of another family member; and many have been carried on in memory alone.

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