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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

Sugar Cane Plastic – A Sweet Solution

Sugar Cane Plastic – A Sweet Solution

Sugar Cane Plastic - A Sweet Solution

It’s no secret that plastic is becoming a huge problem for the environment. We often think of turtles with bellies full of plastic bags, and birds getting caught in fishnets. But actually, the extraction process and making of plastic is just as big an issue, as it releases tonnes of carbon into the atmosphere every year.

With the rise of keep cups, glass straws, bamboo takeaway containers, most companies are on the hunt for clean alternatives. Introducing: Sugarcane Plastic.

Here’s why we love it: Sugarcane (yes, the plant) is great at removing carbon from the atmosphere. So it actually helps to reduce your carbon footprint!

It’s a renewable resource- as in, we’ll never run out!

It’s a low-maintenance plant! Commonly planted on degraded pasture land, it helps recover the soil, is primarily rain fed, and is a relatively hardy plant.

It’s 100% recyclable. So once you’re done, your sustainable products can be turned into something else!

You can barely tell the difference. In terms of look, texture and strength, sugar plastic is extremely similar to petrochemical plastic, just without the nasties.

Did you know that our sugarcane environmental packaging tubes are made in a carbon neutral solar plant in Australia? We pride ourselves on choosing sustainable skin care packaging alternatives, and manufacturing locally where we can to increase our ecologoical footprint.

* This article was originally published here

* This article was originally published here


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