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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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Everything You Ever Wanted to Know About Cheddar

Everything You Ever Wanted to Know About Cheddar Everything You Ever Wanted to Know About Cheddar

Even if you know nothing about cheese, you’ve definitely heard of cheddar. As the most popular cheese in America, cheddar is a staple on cheese plates and sandwiches alike. Cheddar was first crafted in the 12th century, hailing from Cheddar Village in Somerset, England. As a cow’s milk cheese, a young cheddar can be smooth in texture, while an aged cheddar can be a bit crumbly. Unlike Manchego and Parmigiano-Reggiano, two cheeses protected by DOP guidelines, cheddar can be made anywhere in the world.

“The thing that defines cheddar as cheddar is the actual cheesemaking process, not the flavors added to it,” says Anne Saxelby, founder of Saxelby Cheesemongers in Manhattan. “Most people don't know this, but cheddar is actually a noun and a verb—when cheddar cheese is made, the curds are cheddared.” Saxelby explains that this process involves cutting the curds into slabs, stacking them, flipping and restacking them, then milling them down into small pieces. “These small pieces are cheddar curds or ‘squeaky cheese,' which is usually served deep-fried or over poutine,” Saxelby adds.

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