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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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No7 brings back Creator Collective for second year

No7 brings back Creator Collective for second year

THE WHAT? Walgreens Boots Alliance has brought back its No7 influencer skincare education programme, named Creator Collective, for a second year. 

THE DETAILS The programme was created in partnership with the British Beauty Council and helps to educate up-and-coming social creators on skincare. 

THE WHY? Citing the ongoing beauty misinformation on social media, No7 will provide ‘Science of Skincare’ education modules specifically designed to tackle misleading and incorrect content on social platforms and ensure skin-related content is based on scientific truth. 

The post No7 brings back Creator Collective for second year appeared first on Global Cosmetics News.



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