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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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The Food Trends of 2023, According to Our Editors

The Food Trends of 2023, According to Our Editors The Food Trends of 2023, According to Our Editors The Food Trends of 2023, According to Our Editors The Food Trends of 2023, According to Our Editors The Food Trends of 2023, According to Our Editors The Food Trends of 2023, According to Our Editors

2022 was a year of viral foods. It was impossible to escape talk of butter boards, caviar bumps, and, of course, the negroni sbagliato (with Prosecco in it). Cloud bread, so-called “Healthy Coke” (aka: a shrub), and baked oatmeal all enjoyed moments of stardom. We debated the merits of pasta chips, chicken caesar wraps, and that blue smoothie from Erewhon that spawned many a copycat.

Rather than trying to predict the next big fad—destined to blow up and fade away in a matter of weeks—I wanted to consider the way we ate in 2022 from a more practical perspective. So, I asked my fellow editors to share what will change about their approach to food in 2023. Here’s what they came up with:

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