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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

30 White Elephant Gifts Under $25 You’ll Want To Keep Yourself

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The holidays usually offer (most of) us some reprieve from the chaos of everyday life, but the pandemic has added another layer of confusion and stress. Life right now is anything but perfect, and for some of us, giving a bunch of perfectly-wrapped presents may not be the vibe, or may not be feasible.

Thankfully, a white elephant party lets you revel in this imperfect mess with gifts that are so irrelevant you can’t imagine how they were made, or so genius that you can't imagine how you don't already own five of them. They take the pressure out of finding the perfect present and instead make gift giving about spending time with people you love. I still remember my first one even a decade later. It wasn’t the preppy headband set I left with that made its mark on me, but the pure, unadulterated joy of watching friends and family try to steal each other's gifts and the belly laughs that came with it.

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