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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

How to Make a Flax Egg

How to Make a Flax Egg

Vegan recipes have long been using ground flax seeds mixed with water as a replacement for real eggs. Even if you’re not into vegan baking, you can learn how to make a flax egg substitute for many recipes that require regular eggs for binding ingredients, especially if you’re in, well, a bind.


What the Heck Is a Flax Egg?

A flax egg is a pretty simple mixture of flaxseed or flaxseed flour with water to create a binder in place of an egg. It’s a clever way that vegans and non-egg-eaters have been mimicking the qualities of eggs in vegan baked goods for years. Flax eggs and regular eggs are a 1:1 ratio, meaning that for every egg that a recipe calls for, you’d make one flax egg mixture. To do that, you will need:

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