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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

Thinking About Composting? This Is Your Ultimate Guide

Thinking About Composting? This Is Your Ultimate Guide

When we polled our community, we found that 83 percent of you who don’t compost would like to start—so we’re here to help! Whether you’re looking for a way to reduce your carbon footprint, create nutrient-rich fertilizer for your garden, or simply stop your trash from smelling, composting is the way to go. When you start composting, all your kitchen scraps, grass trimmings, and fall leaves will be transformed into rich, beneficial soil, and the best part is that it doesn’t require much effort on your part—you mostly just mix it all together and wait! Plus, with the advent of bins that fit in your kitchen (like, ahem, the new Five Two compost bin), it’s easier than ever before to get started.

However, I’ll be the first to admit that composting can be intimidating to beginners. I myself had no idea what I was doing at first, and I found myself peering into my compost bin several times a week, asking myself, “Is it working? How do I even know if it’s working?” To assuage my worries and get answers to all my pressing compost questions, I called in an expert: Erin Rhoads, an eco-lifestyle blogger and the author of Waste Not, a guide on how to make a big difference by throwing away less. Here’s what she had to say about composting best practices, along with several lessons I’ve learned in my first few years of composting.


* This article was originally published here


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