Business & Financial

Estée Lauder, LVMH and Sephora are among a number of beauty companies cutting ties with Russia amidst the ongoing Ukraine conflict [Getty Images]

‘Drastic but necessary’: Beauty majors cease business in Russia

By Kacey Culliney

Several major beauty brands and retailers have suspended operations in Russia amidst the ongoing Ukraine conflict – action that aligns with widespread consumer sentiment and the increasing difficulties of doing business in the country, according to one...

French beauty trade with China hit an all-time high in 2021, representing €1.9bn in business, with the APAC country now the 'leading destination' for exports [Getty Images]

French beauty achieves ‘record’ year in 2021 exports: FEBEA

By Kacey Culliney

International trade of French beauty and personal care products was up 2.5% in 2021 versus 2019, largely due to rising trade of makeup, face care and perfumes and record growth rates in exports to China and the US, says the French Federation for Beauty...

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