Uncategorized

Sephora leaves Russia

0 min read

The French chain of cosmetic stores Sephora announced the sale of 100% of the shares of its subsidiary in Russia to its local General Manager, reported the press service of the LVMH holding, which owns Sephora and operated stores in 34 cities in Russia. More than 250 different brands are represented in Sephora stores.

Avatar
The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

Read more
News Feed

With Russia continuing to wage an unprecedented campaign against Ukrainian businesses, Ukraine’s Economy Ministry has downgraded its forecast for the country’s economic growth this year from 1.3% to 0.5%, as Moscow targets key industries such as steel production, e-commerce, and ports.

 (Updated:  )

"The threat posed by Russia and possible provocations against NATO must be taken seriously, and that is precisely what the allies are doing," Estonia's Foreign Minister Margus Tsahkna told the Kyiv Independent. "We must remain vigilant, but Estonia's threat assessment has not changed."

Show More