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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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‘Black Panther: Wakanda Forever’ Soars To Second Biggest Opening Of 2022 With $180 Million In Ticket Sales So Far

‘Black Panther: Wakanda Forever’ Soars To Second Biggest Opening Of 2022 With $180 Million In Ticket Sales So Far

The ladies of Wakanda are letting us know that they are all about that #1 energy! If you went to the movies this weekend to see Black Panther then you contributed to them smashing the box office with a whopping $180,000 Million.

Watch:

According Fortune The Marvel sequel earned $180 million in ticket sales from more than 4,396 theaters in the U.S. and Canada, according to estimates from The Walt Disney Co. on Sunday, making it the second biggest opening of the year behind “Doctor Strange in the Multiverse of Madness.” Overseas, it brought in an additional $150 million from 50 territories, bringing its worldwide total to $330 million.

“Wakanda Forever” was eagerly anticipated by both audiences and exhibitors, who have weathered a slow spell at the box office since the summer movie season ended and there were fewer bigger budget blockbusters in the pipeline. The film got off to a mighty start a bit stronger than even the first film with an $84 million opening day, including $28 million from Thursday previews.

“Some may have hoped for $200 million like the first film, but this is solid,” said Paul Dergarabedian, Comscore’s senior media analyst. “This is the type of movie that theaters really need to drive audiences.”

The first film opened to $202 million in February 2018 and went on to gross over $1.4 billion worldwide, making it one of the highest grossing films of all time and a cultural phenomenon.

A sequel was inevitable, and development began soon after with director Ryan Coogler returning, but everything changed after Chadwick Boseman’s unexpected death in August 2020.

“Wakanda Forever” became, instead, about the death of Boseman’s King T’Challa/Black Panther, and the grieving kingdom he left behind. Returning actors include Angela Bassett, Lupita Nyong’o, Letitia Wright, Winston Duke and Danai Gurira, who face off against a new foe in Tenoch Huerta’s Namor.

The film would face more complications too, including Wright getting injured and some COVID-19 related setbacks. All told, it cost a reported $250 million to make, not accounting for marketing and promotion.

We would share Twitter’s reaction but there are way too many spoilers, so if you haven’t seen it yet, stay off Twitter, and go see it!



* This article was originally published here
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