PARIS – Cosmetics big L’Oreal will briefly shut its personal shops, and instantly operated counters in department shops in Russia in addition to its e-commerce websites within the nation, it mentioned on Tuesday, citing Russia’s invasion of Ukraine.
“We strongly condemn the Russian invasion and the struggle in Ukraine, which is inflicting a lot struggling to the Ukrainian folks,” the French firm mentioned in a press release.
The world’s largest cosmetics firm additionally mentioned it will droop all industrial and nationwide media investments in Russia and think about extra measures whereas looking for to care for its 2,200 staff within the nation.
L’Oreal has 326 Ukrainian staff, the vast majority of which stay of their nation below what it mentioned are “more and more insufferable situations”.
“We're involved for them and concern for his or her security,” the corporate added.
The group is donating 5 million euros ($5.44 million) to worldwide and regional assist organisations in addition to United Nations companies offering humanitarian assist.
($1 = 0.9194 euros)
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