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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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A Couch So Good, Half Our Editorial Team Has One

A Couch So Good, Half Our Editorial Team Has One A Couch So Good, Half Our Editorial Team Has One

Remember that scene in Friends where Ross keeps yelling “Pivot! Pivot!” to Chandler and Rachel as they carry a couch up a flight of stairs? Of course you do. That was me almost four years ago when I was moving into a new apartment—and I’m willing to bet you’ve gone through that, too.

Even though I treat the experience like a badge of honor now, it was not fun at the moment. I had to carry a huge box without handles (containing a three-seater!), inside up four flights of stairs only to be met with an apartment doorway even more cramped than the stairs. By myself. That’s the stuff of rental nightmares.

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