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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

Cosmoprof Asia is back in Singapore on 16-18 November 2022

Cosmoprof Asia is back in Singapore on 16-18 November
2022

Cosmoprof and Cosmopack Asia are returning for their first in-person edition since 2019. The face-to-face event will be held from 16 to 18 November 2022 at Singapore EXPO.
To make the return of the trade show happen, the Cosmoprof Asia team chose to relocate the event from its home base of Hong Kong to Asia neighbour Singapore. A highly accessible venue for international exhibitors and buyers, Singapore welcomes fully vaccinated visitors without pre-departure tests, on-arrival tests or...

- Companies & industry / Asia / Pacific

* This article was originally published here

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