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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

What You Need to Know About the Latest Recall of McCormick Spices

What You Need to Know About the Latest Recall of McCormick Spices

Salmonella concerns are back, and this time you should check your spice cabinet. You’re used to hearing about recall alerts when it comes to romaine lettuce, salad mixes, baby carrots, and other fresh produce. But less often do you hear about salmonella outbreaks when it comes to dry, packaged goods like spice blends. But it’s 2021 and here we are. On Tuesday, July 27, McCormick announced a voluntary recall of three popular seasoning blends: McCormick Perfect Pinch Italian Seasoning, McCormick Culinary Italian Seasoning, and Frank's RedHot Buffalo Ranch Seasoning. At this time, no illnesses have been reported in connection to the salmonella outbreak.

"McCormick has alerted customers and grocery outlets to remove the product with the affected date codes from store shelves and distribution centers immediately, and to destroy this product in a manner that would prevent any further consumption," the company said in a statement. The affected products were shipped to 32 states across the United States, as well as Bermuda and Canada, between June 20th and July 21st.

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