Russia

Russia’s sanctions slowing down cosmetics business

Russia’s sanctions slowing down cosmetics business

By Michelle Yeomans

Global personal care players are reporting the Russian cosmetics market to have slowed down due to sanctions imposed on Russia by western countries as well as the ongoing military conflict in Ukraine.

L’Oréal and Beiersdorf 'monitoring' Ukraine crisis

L’Oréal and Beiersdorf 'monitoring' Ukraine crisis

By Michelle Yeomans

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.

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