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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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What Is Durum Wheat? (& How the Heck To Bake With It)

What Is Durum Wheat? (& How the Heck To Bake With It)

The Perfect Loaf is a column from software engineer-turned-bread expert (and Food52's Resident Bread Baker), Maurizio Leo. Maurizio is here to show us all things naturally leavened, enriched, yeast-risen, you name it—basically, every vehicle to slather on a lot of butter. Today, how to turn high-protein durum flour into a golden loaf of bread.

If you’re a fresh pasta-maker, chances are high you’re familiar with durum wheat. Though the species is most commonly used to make pasta, it’s also an excellent choice to incorporate into bread. It’s a hard wheat—hence the name durum, which is Latin for “hard,”—and is so-called because of the strength of the durum berry itself, requiring significant force to mill. The grain has a high protein percentage, but the gluten quality in durum flour doesn’t have the same gas-trapping characteristics as traditional wheat. This means when using even finely-milled durum flour. The resulting bread will have a tighter, more cake-like crumb, or internal structure, somewhat akin to a loaf of whole wheat bread (as opposed to a super-light loaf with large inner holes, like a country loaf). Though there are visual and textural differences to a loaf of bread made durum wheat, there’s no compromise made: The color, aroma, and flavors from durum are all quite striking when used in bread, yielding a more rustic loaf but nonetheless delicious.

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* This article was originally published here

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