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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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Is Bacon Actually Banned in California?

Is Bacon Actually Banned in California?

Is a bacon ban really looming in California? That’s been the pressing question among meat lovers for days after the Associated Press sounded the alarm on the upcoming implementation of Proposition 12, a law in California that will require a larger minimum confinement area for pigs, egg-laying chicken, and calves. The good news is that this doesn’t mean that bacon or other pork products will be all-out banned in the Golden State, but the legislation, which will go into effect in 2022, will impact farmers, restaurateurs, and consumers, as the price of pork will likely increase in a few years.

A Hands-Off Trick for Better Bacon

A Hands-Off Trick for Better Bacon

This Is the Only Way I Cook Bacon Now, Thanks to ... a Power Outage

This Is the Only Way I Cook Bacon Now, Thanks to ... a Power Outage

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What Is Proposition 12?

Although pork lovers are biting their fingernails, wondering if they’ll be able to enjoy bacon strips with breakfast or a nice, crispy pork schnitzel at dinner, this measure isn’t anything new. It was actually on ballots in California way back in 2018.

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* This article was originally published here

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