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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

Sundays With Tabs the Cat, Makeup and Beauty Blog Mascot, Vol. 626


Sundays With Tabs the Cat, Makeup and Beauty Blog Mascot, Vol. 626

Tabs got along with almost everyone.

Almost, with the exception of a few people and cats, including his corporate nemesis Harris, who staged a hostile takeover attempt of Tabs the Cat Industries, LLC a few years ago.

It failed, of course. Tabs adeptly defended his ownership of the company by purchasing all of the outstanding shares from the other members of the board of cat directors (didn’t hurt that he also sent them care packages of canned tuna in gravy).

Even though he’d been defeated, Harris never let up. He continued to torment Tabs for years, often attempting to sneak onto company property. Luckily, Tabs was always here to protect it.

When Tabs passed away last year, we thought Harris would give up and set his sights on a new corporate conquest.

But apparently that was wishful thinking…

Rosie to Harris, “Get off our property!”

Rosie and I have been going for walks on Sunday mornings now, like Tabs and I used to.

Continue reading "Sundays With Tabs the Cat, Makeup and Beauty Blog Mascot, Vol. 626" on Makeup and Beauty Blog.



* This article was originally published here

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