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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

How to Care for a Bonsai Tree & Make It Live Forever

How to Care for a Bonsai Tree & Make It Live Forever

If, like me, you’re always on the lookout for fun new plants to add to your home collection, chances are that a bonsai tree has caught your eye at one point or another. These miniature trees are stunning—there’s really no other word for it—but they’re also extremely intimidating for beginners. Bonsais require very particular care, and they’re not very forgiving. However, if you’re willing to put in the effort to shape and cultivate one of these miniature trees, you’ll be rewarded with a breathtaking plant that can be passed down to future generations.

Before you decide if bonsais are right for you, here’s everything you need to know about these cool plants, including where to get one and how you’ll care for it.

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