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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 percen...
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Why Is Umami So Hard to Describe?

Why Is Umami So Hard to Describe?

Chef Kevin Tien started cooking professionally 15-odd years ago, around the time umami, the pleasantly savory fifth taste, catapulted into the national conversation after scientists identified umami taste receptors on the human tongue. If you’d asked Tien to describe what it tasted like back then, he would have probably replied, “like comfort.”

As a Vietnamese kid growing up in Louisiana, Tien’s umami took such savory, nostalgic forms as bun bo hue (spicy beef and pork noodle soup) and bo kho (slow braised beef stew with warm spices and lemongrass), and that of Southeast Asian home cooking brimming with fresh mushrooms and tomatoes, and seasoned with fish sauce and MSG.

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