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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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This NYE, Throw a Hangover-Free House Party

This NYE, Throw a Hangover-Free House Party This NYE, Throw a Hangover-Free House Party This NYE, Throw a Hangover-Free House Party This NYE, Throw a Hangover-Free House Party This NYE, Throw a Hangover-Free House Party

Hosting feels a bit like playing grown-up these days. The ordinary tasks involved in having people over—texting out an invite, deciding on a menu, making a playlist— remain, but nothing beats the relaxed, inviting atmosphere of a house party. Remember house parties? The kind with moody, low lighting and conversation that lingered into the night. We love them, with one caveat.

The one aspect of a house party that can remain firmly in the past is the hangover. “It used to be expected that if you have fun, you’re going to feel horrible afterwards. It was part of the deal, but fortunately it doesn’t have to be anymore,” says Helena Price Hambrecht, co-founder and CEO of Haus. “You don’t want the parties to end, but as you get older, you don’t really have time for the hangover part.”

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