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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

Puig chooses Taiki for the first Christian Louboutin makeup brushes

Puig chooses Taiki for the first Christian Louboutin makeup
brushes

The Spanish group has trusted Taiki to produce the first makeup brush line under Christian Louboutin license.
These unique beauty accessories were imagined by the brand according to the iconic design of Louboutin. They take up the emblematic codes of the famous French luxury house, with intense red varnished handles, and metalized spikes all around the ferrules.
“Taiki Cosmetics Europe's technical teams worked very closely with Puig to transcribe this unique design and allow its...

- Industry buzz

* This article was originally published here

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