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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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The Art of Visible Mending Proves No Clothing Is Beyond Saving

The Art of Visible Mending Proves No Clothing Is Beyond Saving The Art of Visible Mending Proves No Clothing Is Beyond Saving The Art of Visible Mending Proves No Clothing Is Beyond Saving The Art of Visible Mending Proves No Clothing Is Beyond Saving The Art of Visible Mending Proves No Clothing Is Beyond Saving

It’s not an overstatement to say that mending changed me. What started as a simple act of self-sufficiency—learning to repair my jeans—grew into an act of love, resistance, reclaiming, creative expression, self-acceptance, disruption, activism, and more. The huge turning point—my light-bulb moment—was when I realized I could use my background as an artist to apply simple design elements to the repairs on my jeans.

I use basic stitches in my repair work because I want the stitches to be accessible to all the students in my workshops, regardless of their experience with sewing or embroidery. I also use basic stitches because they are often all I need. Adding more decorative stitches is always an option, one I leave to the maker. But I like to remind folks that if your repairs are in hard-wearing places on your garment—like the upper thighs of your jeans—they are going to continue to receive friction and ultimately tear again. This is an opportunity to remember that mending is an ongoing process. Each repair is also an opportunity to strengthen our designs. Sometimes we might want to save decorative stitches for areas that receive less direct friction. But, again, that’s up to you.

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