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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

The Common Mistake That Might Be Killing Your Indoor Plants

The Common Mistake That Might Be Killing Your Indoor Plants

For the second time in a year, I went abroad on holiday, and my husband killed a plant. The worst part? He killed it with love—too much love, that is. He overwatered it.

What hurt the most was that it was a snake plant, aka, the most indestructible indoor plant known to us. Turns out, one thing can destroy it, and it’s not what you think—not too much sunlight nor too little airflow or temperature fluctuations (although all of those can affect its well-being to some extent). It’s giving it too much attention, when all it wants is to be left alone. Too much watering, and not even drainage, did my Sansevieria in.

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