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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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The Classic Decorating Trick That’s Making a Comeback

The Classic Decorating Trick That’s Making a Comeback The Classic Decorating Trick That’s Making a Comeback

When it comes to quick ways to completely make over a room—with no remodeling involved—wallpaper easily rises to the top of my list. It’s a transformation you can accomplish in a weekend, and oftentimes, it doesn’t even require professional installation. With the range of colors and patterns out there, it’s a great way to bring dimension, layers, and interest to a space.

While the earliest wallpapers (or painted decorative papers) date back to China, not too long after paper itself was invented, its extension, wallpaper borders, are relatively more recent, originating in the 1700s. If you’re unfamiliar with the use of wallpaper borders, they’re essentially thin strips of wallpaper meant to be used as accents instead of complete wall applications. They are typically horizontally oriented and measure between two to eight inches high. Their popularity has ebbed and flowed over time, but they’ve made a marked comeback—and are looking fresher, more modern, and less fussy than their predecessors.

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