Nicolas Hieronymus, General Manager of French cosmetics giant L’Oreal, said that the company continues to operate in Russia. TASSCiting AFP.
“We retained some of our business in Russia,” he said.
The president of the company noted that we are talking about the production of cosmetics and hygiene products at a factory in Kaluga. According to him, this allows the company to maintain the operation of the factory, pay salaries and ensure the safety of employees in Russia.
In April, Kommersant newspaper reported, citing L’Oreal JSC’s indicators in the SPARK-Interfax database WroteRevenue from the Russian business of the French perfume and cosmetics manufacturer L’Oreal (Lancome, Giorgio Armani, Yves Saint Laurent, Biotherm, Garnier, Maybelline and others) is estimated at 60.2 billion rubles in 2022, an increase of 6% compared to the previous year. 2021 where it is .5 less, but 7% more than 2020.
It was previously reported that Russians have doubled in size. to spend for cosmetics.