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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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Augustinus Bader launches first conceptual pop-up in the U.S. 

Augustinus Bader launches first conceptual pop-up in the U.S. 

THE WHAT? Augustinus Bader has launched its first conceptual pop-up in the U.S., with the beauty brand opening the store throughout October at The Grove in Los Angeles.  

THE DETAILS The pop-up, launched in partnership with Nordstrom, covers 250 sq. ft and will have brand ambassadors and beauty industry leaders on site, as well as one-on-one services and limited edition products. 

THE WHY? The store is said to allow consumers to experience the brand’s products alongside personalised consultations with onsite experts.

Co-Founder and CEO Charles Rosier, said, “We are thrilled to open the brand’s first conceptual pop-up in North America for 4 weeks in October. It’s a true LA destination takeover with a modern introduction to our premium skincare and luxury wellness regimens.”

The post Augustinus Bader launches first conceptual pop-up in the U.S.  appeared first on Global Cosmetics News.



* This article was originally published here
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