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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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For many homeowners, pulling together a kitchen can be formulaic: combine one part white subway tile backsplash with one part white cabinetry and one part quartz countertop, and mix well to combine. And while those tried-and-true staples are never going out of style, what if we told you there was a fun dash of “seasoning” you could incorporate into the recipe for the perfect kitchen? Enter two-toned cabinetry. Defined primarily as upper cabinetry and lower cabinetry that are painted in…

For many homeowners, pulling together a kitchen can be formulaic: combine one part white subway tile backsplash with one part white cabinetry and one part quartz countertop, and mix well to combine. And while those tried-and-true staples are never going out of style, what if we told you there was a fun dash of “seasoning” you could incorporate into the recipe for the perfect kitchen? Enter two-toned cabinetry. Defined primarily as upper cabinetry and lower cabinetry that are painted in…

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