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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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When I was in college I had a roommate whom I loved dearly, but who had incredibly different taste from me. I whipped cream by hand while she bought a tub of Cool Whip. I drank red wine while she drank fruity vodka concoctions whose names shouldn’t be repeated in polite company.   So, when one day she brought home a bottle of sparkling red wine that she was over the moon about, I was skeptical. Plus, red wine isn’t supposed to be fizzy, right?   Read More >> * This article was originally…

When I was in college I had a roommate whom I loved dearly, but who had incredibly different taste from me. I whipped cream by hand while she bought a tub of Cool Whip. I drank red wine while she drank fruity vodka concoctions whose names shouldn’t be repeated in polite company.   So, when one day she brought home a bottle of sparkling red wine that she was over the moon about, I was skeptical. Plus, red wine isn’t supposed to be fizzy, right?   Read More >> * This article was originally…

* This article was originally published here

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