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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

Did You Know You Can Rent Tools?

Did You Know You Can Rent Tools?

As an avid at-home DIYer and a city-dweller, I know very well the limitations that a small space or budget can have on the projects you can take on. There was a time when all I really had in my tool arsenal was a drill, but now I’m the proud owner of three different power saws, two sanders, a sewing machine, and about a million little tools and accessories to go along with them. But not everyone has the room (or the desire!) to store this many tools. In fact, I actually ended up building a cabinet from scratch just to house all these things.

Enter: tool rentals. I was recently reminded of this ingenious resource by Instagram friend and incredible DIYer, Dominique Gebru (of @Dommdotcom). Usually, if I don’t have a tool myself, I enlist the help of my dad, who’s got at least one of everything (the guy has three 3-D printers, no joke), but I live over an hour away, and it’s not always convenient. You know what’s located five minutes down the road, though? A Home Depot. And that Home Depot rents a whole range of tools to accomplish any DIY, cleaning, or yard project, with pretty reasonable rates.

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