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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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A Brief History of Canadian Thanksgiving

A Brief History of Canadian Thanksgiving

With the distinctive fragrance of pumpkin spice hanging in the air, many have begun rhapsodizing over the fourth Thursday in November...aka Thanksgiving! As a pie baker tasked with the orchestration and execution of hundreds of pies (over 700 last year), Thanksgiving is a holiday I love on a personal level, yet struggle with professionally. Staring down stacks of needy pie plates clamoring for attention, I find myself instead preoccupied, almost giddy, with anticipation of the second Monday in October, which is Canadian Thanksgiving. In 2021, Canadian Thanksgiving will fall on Monday, October 11th (also known as Annie and Hallie’s birthday in The Parent Trap, but I digress).

American Thanksgiving conjures images of ginormous turkey legs and cornucopias spilling with grapes, gourds, and multi-colored corn. There are mashed potatoes and creamed corn and green bean casserole and dinner rolls and stuffing (so. much. stuffing). We envision Pilgrims sporting tall black hats adorned with gold buckles. Synonymous with our holiday are cranberry stains on starched white linen tablecloths and long lines snaking around Best Buy just shy of midnight.

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