For the full fiscal year 2022, reported net sales were $12.44 billion, showing an increase of 7% compared to the prior year period. On a comparable basis, currency-neutral sales increased by 9%, with growth achieved across all divisions, led by double-digit increases in Nourish and Pharma.

In Full Year, sales increased by 18.5% to €38.26 billion reportedly and by 10.9% on a LFL basis. In Q4, sales rose 13.5% reportedly to €10.32 billion and 8.1% on a LFL basis.

For the full fiscal 2022, Unilever’s turnover jumped 14.5% to €60.1 billion and underlying sales growth reached 9%. GAAP operating profit surged 24% compared to 2021 to hit €10.8 billion.

During the reporting period, the group also initiated a stock buyback plan, repurchasing approximately 5.7 million common shares for approximately $300 million in the open market.

The first collection of the brand will be available for purchase through the official website PhoebePhilo.com, which will open for registration in July of this year.

Chief Finance Officer Laurent Mercier said that Coty would implement new price increases in a very granular manner.

This case is one of the first copyright disputes in the NFTs field.

2022 was a good year for the Italian fashion industry, where the sector’s turnover reached its highest level in twenty years. 

Driven by continued strong brand momentum across major markets, annual sales were at a record 26.5 billion Danish crowns last year.

In This Deep Dive LuxePlace.com Brings You First-Hand Observation.