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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

The Dining Chair Trend We Just Can’t Get Enough Of

One of my weaknesses is being utterly incapable of passing up a good chair—be it on the side of the road, at a flea market, or listed on Facebook Marketplace. I’m overcome by a sense of compulsion to drag it home, or type, “Hi, is this still available?” to the seller. When walking through a yard sale, I turn my inner monologue on repeat:“You don’t need that, you don’t need that.”

If you’re anything like me, and have ended up with a whole lotta chairs, the idea of a dining table with mismatched chairs is likely the most practical conscious design choice you can make. An excuse to sidle a sleek mid-century piece right up next to a bentwood beauty and a chipped farmhouse bench? I’m in. A way to combine found furniture with the trendy new seat you couldn’t resist? This is it.

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