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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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An Ode to Pitambari, the Secret Behind My Sparkling Cookware

An Ode to Pitambari, the Secret Behind My Sparkling Cookware An Ode to Pitambari, the Secret Behind My Sparkling Cookware

For as long as I can remember, the cookware in my home has been given a day off every fortnight. A day for rest and pampering—a spa day, if you will. This is how it goes: Copper, steel, and bronze cookware and silverware are heaped on a kitchen counter. Then they’re placed, one by one, under a running tap and drenched in cold water. Coconut coir or a kitchen sponge is dipped in a salmon-pink powder that has been sprinkled over the counter and used to scrub each utensil vigorously. The vessels are allowed to rest under their powdery masks for a few minutes, and once washed and dried, their glossiest sheens are revealed.

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That pink miracle-worker is called Pitambari, a deep cleanser-polisher that helps return metalware to their original shine. The word ‘pitambari’ is a combination of two Marathi words: ‘pit’ for brass, and ‘tamb’ for copper, but it can be used across a range of metals, including silver, stainless steel, aluminum and iron. For nearly four decades now, its tarnish-attacking properties has found it an abiding place in Indian households; in 2009, it found its way to the United States, making it available in major Indian grocery stores and online marketplaces like Amazon and Walmart.

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