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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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Cynthia Bailey And Mike Hill Confirm Split After Two Years Of Marriage

Cynthia Bailey And Mike Hill Confirm Split After Two Years Of Marriage

The rumors have been confirmed! On Tuesday there was wide spread speculation on social media that ‘Real Housewives of Atlanta’ star Cynthia Bailey and Mike Hill were no longer together.

The couple confirmed the split to ET Canada in a joint statement on Wednesday.

“LOVE is a beautiful thing. While we both will always have love for one another, we have decided to go our separate ways,” they shared in an exclusive joint statement. “No one is to blame, and we are grateful that we remain good friends. We will always cherish the many memories we’ve shared together as husband and wife. Many of you have been on this journey with us from the very beginning, and we appreciate our family, friends and beloved fans for your positive support as we move forward and start new chapters. Thank you for your prayers and well wishes!”

Bailey and Hill first became romantically linked in late 2018 after Bailey’s divorce from her first husband, Peter Thomas, in 2016.

Shortly after she confirmed her relationship with Hill, Bailey told Bravo, “If I can’t make it with Mike Hill, then I’m just meant to be single for the rest of my life.”

The two became engaged in 2018 and were married in October 2020.

The wedding in Acworth, Georgia, a celebration with 250 guests, was part of Bailey’s sendoff season of “RHOA” after she announced her departure the following year.

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