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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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Everything to Know About Hard Apple Cider, Fall’s Signature Drink

Everything to Know About Hard Apple Cider, Fall’s Signature Drink

Now that the leaves are changing and we’re eating apple cider donuts every hour on the hour, it seems hard to remember a time when hard apple cider wasn’t also part of our autumn menu. While the craft beer craze and consumption of spiked seltzers and canned cocktails are at an all-time high, so is hard cider. Cider is naturally gluten-free, so a lot of people are able to consume it, which is a big reason why it has become so popular. Five years ago, you could count on one hand the number of hard ciders available nationwide, and most of them were quite sweet. Now, there are hundreds, if not thousands, of cideries producing warm and spiced, fruity, funky hard ciders for consumption from the Finger Lakes of New York to the Pacific Northwest.

If you’ve never tried hard cider before, maybe you’re skeptical. Or maybe you’re excited, but just have no idea where to begin. It’s not nearly as saturated of a market as craft beer is, but there is still plenty to learn and lots of varieties to sip.

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