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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...

There's a Major Recall on Ground Turkey

There's a Major Recall on Ground Turkey

Thanksgiving is less than six weeks away, but there’s already cause for concern over this year’s turkey supply. Butterball has issued a recall of more than 14,000 pounds of ground turkey product because it is suspected to be contaminated with blue plastic. According to Butterball, the ground turkey was distributed to Kroger and BJ’s grocery stores. No other Butterball turkey products are affected by this recall and the brand is cooperating with the United States Department of Agriculture (USDA) to complete a thorough investigation to confirm the safety of the rest of their products.

According to the USDA, the affected ground turkey products include 2.5-lb. trays containing “farm to family Butterball all-natural Ground Turkey'' with the case code 50211271, a sell or freeze by date of 10/18/2021, and timestamps from 2123 through 2302 printed on the packaging; and a three-pound tray containing “Kroger Ground Turkey'' with the case code 50211271, a sell or freeze by date of 10/17/2021, and timestamps from 2314 through 2351 printed on the packaging.

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