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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

Two Million Pounds of Pork Have Been Recalled Across the U.S.

Two Million Pounds of Pork Have Been Recalled Across the U.S.

Not to be dramatic, but you probably shouldn’t serve a spiral-glazed ham for Christmas this year. Not smoked ham either, nor an applewood smoked ham, not even a fully cooked spiral sliced honey ham, and nope, not a boneless ham with water added. Those are just a few of the pork products that are being recalled all across the country, due to listeria contamination. The USDA has announced one of the most massive recalls in recent history—it includes more than two million pounds of pork, including two dozen types of ham and multiple pepperoni products.

The pork was distributed, and subsequently recalled, by Alexander & Hornung, a unit of Perdue Premium Meat Company based in Michigan. The products made their way onto the shelves of grocery stores including Big Y and Whole Foods.

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