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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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What's the Actual Difference Between Jam & Jelly?

What's the Actual Difference Between Jam & Jelly?

Besides being a playful abbreviation of the word "jealous" (just me?), jelly is not the same as jam, which is not the same as preserves, though they’re all in the same family. Marmalade is also in that family, and so is compote, but in a cousin-twice-removed kind of way. We’ve broken it all down for you below, the way fruit breaks down to make delicious, delicious jam.

First things first: All of the above are forms of fruit cooked with sugar, an acid like lemon juice or vinegar, and occasionally pectin. Pectin occurs naturally in fruits, but low-pectin fruits like strawberries and apricots often need a bit of a boost in order to set into the jam-like texture we all love. That’s when powdered stuff comes in handy. Once cooked this way and safely canned, preserves can live on shelves for months, waiting to add the taste of a July plum to a January piece of toast.

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