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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 percen...
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19 of Our Team's Absolute Worst Rental Stories

19 of Our Team's Absolute Worst Rental Stories

Rent Like You Mean It is a series all about giving our rental spaces a new lease. We’ve rounded up a whole host of refreshing spruce-ups (and cover-ups), impactful DIYs (plus how to get them back to square one when you leave), and peeks at real-life rental transformations. Because a lease should never stop you from having a space that feels like yours—even if it’s only for a year.

Listen, it’s a tough rental world out there. Between callous management companies, unfair laws, and (at best) apathetic landlords, it can often feel like no one’s on your side. As anyone who’s ever rented can tell you, there’s always a grievance—something broke and didn’t get fixed, pests never got fully exterminated, noisy neighbors were never reprimanded, and so on. And while owning a home certainly has its own drawbacks (um, you have to take care of the entire thing… all the time), renting a place to live often feels like the most helpless thing you can do, since basically every decision is up to your land(over)lord.

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