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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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The Best Non-Alcoholic Sparkling Wine for Holiday Toasts

The Best Non-Alcoholic Sparkling Wine for Holiday Toasts

When I first quit drinking alcohol, the only thing about it that I feared I would miss were champagne toasts. I associate sparkling wine with Christmas, when my mother usually hosts a huge, festive feast. For years, one of my jobs as her co-host has been to make sure everyone got a glass of champagne as soon as they walked in the door, which meant I spent at least half an hour watching the animated bokeh effect of the bubbles as I made sure the red and clear Waterford cut crystal champagne flutes she uses only once a year didn’t overflow.

As Christmas rolled around the first year that I didn’t drink, nearly a decade ago now, I replaced champagne with sparkling cranberry cider, but it wasn’t the same. Even though I didn’t miss the effects of alcohol, I missed the taste and the fine, tickling bubbles of a decent sparkling wine. Luckily, non-alcoholic sparkling wine making has come a long way in the past ten years, and bubblies without the buzz have improved tremendously. Recently, I had the delightful task of tasting and reviewing over seventeen offerings that are available now for your holiday parties, New Year’s toasts, or whatever you might be celebrating all year long! Here are my recommendations:

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* This article was originally published here

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