L'Oreal (FR.OR) temporarily shuts stores in Russia and condemns the war - 09 martie 2022

Cosmetics giant L'Oreal is temporarily closing its stores in Russia and suspending investments in the country, it said on Tuesday, joining dozens of Western companies pausing operations over the invasion of Ukraine. "We strongly condemn the Russian invasion and the war in Ukraine, which is causing so much suffering to the Ukrainian people," the French company said in a statement. L'Oreal's Russian business, which includes a production plant, accounts for a low, single-digit percentage of annual sales, according to the company.

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