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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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12 Experience Gifts for People Who Don’t Want ‘Things’

12 Experience Gifts for People Who Don’t Want ‘Things’ 12 Experience Gifts for People Who Don’t Want ‘Things’ 12 Experience Gifts for People Who Don’t Want ‘Things’ 12 Experience Gifts for People Who Don’t Want ‘Things’ 12 Experience Gifts for People Who Don’t Want ‘Things’ 12 Experience Gifts for People Who Don’t Want ‘Things’ 12 Experience Gifts for People Who Don’t Want ‘Things’ 12 Experience Gifts for People Who Don’t Want ‘Things’ 12 Experience Gifts for People Who Don’t Want ‘Things’ 12 Experience Gifts for People Who Don’t Want ‘Things’ 12 Experience Gifts for People Who Don’t Want ‘Things’ 12 Experience Gifts for People Who Don’t Want ‘Things’ 12 Experience Gifts for People Who Don’t Want ‘Things’

My husband and I have an understanding: Instead of getting each other physical gifts, we give experiences. I mean, I’ll still welcome a nice piece of jewelry any day but I’d rather take a weekend trip or tune into a crafting class. In fact, some of the best gifts I’ve given him are experiences, such as a personalized video from a basketball player on the New York Knicks via Cameo and a tie-dying class from Uncommon Goods.

While there might not be a physical present to unwrap, experience-based gifts are the gifts that keep on giving. You’ll make new memories and laugh until your bellies hurt, and you’ll still wind up with physical momentos afterward such as photos from a trip, a finished arts and crafts project, or a delicious meal that you cooked together.

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