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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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Amway India relaunches Artistry as Artistry Skin Nutrition

Amway India relaunches Artistry as Artistry Skin Nutrition

THE WHAT? Amway India has announced that it is rebranding its premium skin care line, Artistry, as Artistry Skin Nutrition, according to a report published by the Business Standard.

THE DETAILS The new range goes beyond skin care, the direct sales firm claims, delivering nutrients to the skin thanks to plant-based botanicals from Nutrilite farms. The range is vegan and paraben free.

THE WHY? Ajay Khanna, CMO, Amway India told Business Standard, “The health-conscious consumers of today are increasingly looking for products that are enhanced with nutrients. Leveraging our expertise in nutrition with Nutrilite, a brand backed by a rich legacy of over 80 years on the plant-based approach to supplementation, it was a natural progression for us to present this skin care range derived from the best of science and best of nature with the powerful botanicals from our Nutrilite farms… We are delighted to introduce the first phase of the Artistry Skin Nutrition™ line, which includes an anti-ageing range of seven products, that has a blend of Nutrilite and Artistry skin science expertise.”

The post Amway India relaunches Artistry as Artistry Skin Nutrition appeared first on Global Cosmetics News.



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