Skip to main content


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

Everything You Should Know About Ruthless BMF Kingpin Demetrius “Big Meech” Flenory Today

Everything You Should Know About Ruthless BMF Kingpin
Demetrius “Big Meech” Flenory Today

Crime never pays, and it sure hasn’t for Black Mafia Family kingpin Demetrius “Big Meech” Flenory.

He was among the most notorious crime lords in the 80s and is currently serving a lengthy prison sentence.

Here’s what you should know about the gangster.

Big Meech Co-Founded Black Mafia Family

Big Meech

In 1985, Demetrius “Big Meech” Flenory co-founded Black Mafia Family with his brother, Terry “Southwest T” Flenory.

While in high school, the brothers from Detroit started selling drugs.

This was their only way to make fast money without robbing and killing anyone since their family was broke.

They continued scaling their drug business, and by 2000, they had contacts with Mexican cartels.

They established a massive drug ring and distributed kilos of cocaine in several states, including:

  • Texas
  • Michigan
  • Louisiana
  • Kentucky
  • Georgia
  • Florida
  • California
  • Alabama
  • Tennessee
  • Ohio
  • North Carolina
He Used BMF Entertainment To Launder Money Big MeechPhoto credit: Facebook – Black Mafia Family

In the early 2000s, BMF made mountain loads of money–reports indicate they made more than $270 million from drugs–and had to legitimize it.

Enter BMF Entertainment.

They established a promotions business and rap label to launder money and make themselves legit.

The label was also profitable, giving its staff legitimate income.

They had one prominent artist, Bleu DaVinci.

However, Big Meech associated himself with hip-hop heavy hitters like Jay-Z, Trina, Young Jeezy, and Diddy.

He Went To Prison Big MeechPhoto credit: Twitter – Kollege Kidd

Drug kingpins don’t stay ahead forever, and the law eventually caught up to Big Meech.

In 2005, the DEA indicted the brothers and other BMF members.

Big Meech and his brother received 30-year prison sentences.

In 2020, Terry Flenory received compassionate release because of health problems and the Federal Bureau of Prisons’ initiative to release reformed prisoners to limit the spread of Covid-19.

However, his brother is still serving his sentence, though he will probably be out in 2028 instead of 2031.

50 Cent Made A Black Mafia Family Adaptation Big MeechPhoto credit: Twitter – Lil Meech

In 2021, 50 Cent produced a Starz TV series, BMF about the crime empire, drawing inspiration from Big Meech and his brother.

The series was such a hit that Starz greenlit it for two more seasons.

It also inspired a docu-series, The BMF Documentary: Blowing Money Fast.

Big Meech’s Son Has His Back

Whatever the drug kingpin did, his son–rapper Lil Meech–believes it’s not black and white.

He hopes his portrayal of his father in the series will shed light on what kind of man he is.

According to Lil Meech, BMF was more than drugs.

That part is up for debate, but we can’t refute one thing: Big Meech was a major influence in the 90s and early 2000s, for better or worse.

* This article was originally published here


Popular Posts