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THE WHAT? Interparfums has reported its outcomes for the 2022 fiscal 12 months. The perfume large recorded document earnings for the complete 12 months with internet revenue up 40 p.c on 2021’s figures and gross sales rising 26 p.c to €706.6 million.
THE DETAILS The corporate famous that it had prolonged its partnership with Montblanc till December 31, 2030 and, topic to the Common Assembly’s ratification, hit its objective of attaining gender parity on its board.
THE WHY? Philippe Benacin, Chairman and CEO, commented, “In opposition to the backdrop of a turbulent financial and geopolitical setting, our gross sales and earnings continued to develop in 2022. In 2023, though many uncertainties nonetheless exist, this constructive momentum ought to proceed with gross sales anticipated to achieve €750 million, pushed by the persevering with attraction of our manufacturers for customers in a world fragrance market that continues to be buoyant.”
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