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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

An “Anti-Diet" Dietitian’s Advice for Wellbeing

Each January brings the arrival of resolutions: “New year, new you” is peppered into media cycles, social networks, and our brains, like tea slowly steeping. Much of this dialogue can be characterized as an example of “diet culture,” a set of customs, rules, and values—some of which contradict each other—that equate body shape or size with moral value and health. Often, this is done by promoting weight loss, vilifying certain foods while exalting others, and stigmatizing those who don’t match its suggested image of what "healthy" looks like.

Diet culture is bolstered by the health and wellness industry, which in the U.S. alone is an annual business of $707 billion. Yet evidence that most diets are unsuccessful—in fact, they are the leading determinants of weight gain—highlights that aiming for a certain body size is an inaccurate prescription for improved health. (Research supports that tracking BMI, a measure of body fat based on height and weight, is another faulty model of determining physical condition.) What’s more, these external rules usually come at the expense of disassociating from internal cues, like hunger, food preferences, and energy levels. And for all of the aims taken at specifying or promoting an “optimal” path to health, the term itself is innately vague: highly individual and subjectively definable by environment, income and lived experience, to name a few.

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