European cosmetic companies, including L'Oréal and Beiersdorf are keeping an eye on the current political crisis in Ukraine, but are reporting no disruption to their operations in and exports to the country.
Consumer goods giant Unilever could end the year on a high after the Russian Federal Antimonopoly Service granted it permission to acquire Russia’s biggest cosmetics manufacturer, boosting the company’s presence in emerging markets.
Amway has broken into the Russian market in a bid to tap into huge
consumer growth. The direct sales company is aiming to establish a
sales force for its range of cosmetics and household products from
centres based in Moscow and Nizhni...