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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

Clarins once again entrusted Pure Trade for their 2022 Advent calendar

Clarins once again entrusted Pure Trade for their 2022
Advent calendar

Pure Trade remains Clarins' preferred partner for the annual edition of its Advent calendar. In 2022, the French premium skin care brand chose a box-book made of 100% FSC cardboard and paper, consisting of 12 inner drawers. The white silk-screened printed logo and numbers underline the brand's iconic red.
Since 1996, Pure Trade has been designing high-end packaging, luggage and accessories that highlight the international prestige brands of beauty and cosmetics.
More than 50 internationally...

- Industry buzz

* This article was originally published here

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