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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 Latest Floral Trend is Right in Your Backyard

The Latest Floral Trend is Right in Your Backyard

I didn’t always buy into the idea that fresh cut flowers and plants make a space come alive. For a long time, I would either decorate with faux plants (I definitely didn’t have a green thumb) or forgo the inclusion of botanicals altogether. Looking back now on photos of those spaces, I realize that something was severely lacking, and it wasn’t bright green leaves or vibrant petals—it was simply something natural.

On the surface, it can seem sort of new age-y to say that plants, flowers, and foraged bits make a space feel alive. But once I started treating myself to flowers most weeks to scatter around my apartment, my mood would instantly be lifted whenever I spotted them.. Not to mention that cutting, clipping, and arranging is my favorite post-grocery store ritual (less so the actual grocery haul).

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