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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
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This Year's Hot Cross Buns Should Be Sourdough

This Year's Hot Cross Buns Should Be Sourdough

The Perfect Loaf is a column from software engineer turned bread expert (and Food52's Resident Bread Baker) Maurizio Leo. Maurizio is here to show us all things naturally leavened, enriched, yeast-risen, you name it—basically, every vehicle to slather on a lot of butter. Today, he tells us how to turn classic hot cross buns into tender, slightly tangy, chocolatey hot cross buns.

At the right time of year and in the right location, you can smell hot cross buns—leavened sweet buns spiked with spices and dried fruit—before even making it inside a bakery. Usually topped with a sweet glaze and a white cross of flour and water, hot cross buns pop up around Easter and are most commonly associated with their place of origin, the United Kingdom. Admittedly, I have never seen them grace a pastry case out here in the southwestern U.S., but I recall seeing their bright white crosses in bakeries during my travels through Europe in years past.

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