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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

How to Care for Your Plants in a Heat Wave

How to Care for Your Plants in a Heat Wave

It probably comes as no surprise that extreme summer heat is tough on plants. Because water is a precious and limited resource, we cannot rely solely on watering alone. Here are a few other things to give your plants extra TLC during a heat wave:

1. Prioritize Your Watering

In addition to picking the right timing for watering, the most important thing is to prioritize your watering. Your vegetables and container plants should get first dibs, because even a couple of sweltering hot days without watering can wreak havoc on them. Next are annual flowers, and any newly planted perennials, shrubs, and trees. Drip-watering and soaker hoses are ideal, but if you must use a hose or a watering can, make sure to water slowly and always water directly onto the base of the plant.

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