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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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This Catchall Design Style Is the Easiest to Recreate

This Catchall Design Style Is the Easiest to Recreate

People usually fall into one of two camps when it comes to labeling their interior design style. Some find the idea of ascribing to a decor category too prescriptive and prefer to march to the beat of their own drum, while others like the guidance that comes with identifying as someone who likes “farmhouse modern” or “grandmillenial” decor. Me? I’m somewhere in the middle. While I think it can be a bit restrictive to look to just one design style as your North Star, I also think it’s an easy way to help contextualize all the options for homeowners who may feel a bit unsure of their personal preferences.

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Luckily, there’s a style that falls right into this not-strict-but-not-directionless sweet spot: transitional design. First emerging on the scene in the 1950s as a pendulum-like response to the stark modern era, transitional design has since become an increasingly-popular catch-all term for designers and homeowners that prefer a look that mixes some traditional design elements (think: elegant moldings, classic proportions, and sophisticated furniture silhouettes) with aspects of modern and contemporary design (like added livability, neutral-but-better color palettes, and thoughtful accessories).

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