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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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We're Looking for Your Best Layer Cake (Again!)

We're Looking for Your Best Layer Cake (Again!)

A new year is often a time for reflection—and your friendly Food52 recipe contest community moderators have been doing our own sort of reflecting, and looking back at all of the past contest themes. If you are new to our recipe contests or a veteran contestant who wants to take a walk down memory lane, check out these past contests that we loved:

But in our lookback, we were really most struck by our very first contest—Your Best Layer Cake—which, surprisingly, had only three entries! The winner was Not Red Velvet Cake with Fudge Glaze, and the runner up was Lemon Birthday Cake. If you can believe it, taking last place was a recipe that is now a beloved Food52 favorite: Chocolate Dump-It Cake.

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* This article was originally published here

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