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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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What Does a World-Famous Bartender Drink First Thing in the Morning?

What Does a World-Famous Bartender Drink First Thing in the Morning?

First Things First is a series chronicling the morning beverage routines of some of our favorite people.

What can you learn about a person from their coffee mug collection? If that someone is Aaron Polsky, the Los Angeles–based founder of ready-to-drink cocktail company LiveWire Drinks, you’d rightfully surmise that he’s a loving cat dad with an affinity for rock and roll, Larry David’s bristly sense of humor, and old-school Nintendo games. But then, as you make your way toward the back of the shelf, you may wonder about an outlier cup adorned with ballet slippers and more text than a Dr. Bronner’s soap bottle. Don't worry, there’s a story behind that one, too.

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