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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

‘Rachael Ray’ Daytime Show To End After 17 Seasons

‘Rachael Ray’ Daytime Show To End After 17 Seasons

According to Deadline CBS Media Ventures’ nationally syndicated daytime talk show Rachael Ray will be coming to an end after its current 17th season when it will stop original production.

“In my more than 20 plus years in television I have had 17 wonderful seasons working in daytime television with Rachael,” Ray said in a statement to Deadline. “However I’ve made the decision that’s it’s time for me to move on to the next exciting chapter in my broadcast career.”

It’s been a year of seismic changes in the increasingly challenging daytime syndication landscape, with Dr. Phil, Judge Mathis and The People’s Court also set to wrap their runs this season and fellow stalwarts The Ellen DeGeneres Show, The Wendy Williams Show, Maury, Dr. Oz as well as The Real ending within the past 12 months. CBS Television Distribution, which distributes Rachael Ray, also is behind Dr. Phil and two other syndicated programs that came to an end over the last year, The Doctors and Daily Mail TV.

News of the latest cancellation comes on the same day Deadline reported exclusively that Ray had teamed with Intentional Content to launch a new production company Free Food Studios.

“My passions have evolved from the talk show format production and syndication model to a platform unencumbered by the traditional rules of distribution. … That is why I am looking forward to putting all my energies into my recently announced production arm, Free Food Studios,” Ray said. “Thank you to all of our Rachael daytime show partners, crew, and affiliates, and the wonderful years we all worked together.”

Hosted by Ray, Rachael features Ray’s culinary skills, as well as celebrity interviews, tips from health and lifestyle experts, make-over segments and musical performances. It debuted in syndication in September 2006, finishing its first season as the No. 1 syndicated strip launched in the 2006-2007 season. Over the course of 17 years, Rachael has been nominated for 37 Daytime Emmys, winning for Outstanding Talk Show three times.

Rachael Ray was one of the first entertainment programs to resume filming during the pandemic as Ray did the show from her upstate New York house, with her husband, musician John Cusimano, as her sidekick. The two made headlines in summer 2020 when their house burnt down; Ray spoke about the fire on the show as she moved taping to the guest house on the property. The main dwelling has since been rebuilt.



* This article was originally published here

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