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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.

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3:08 PM

Hugo Boss to sell its Russian subsidiary.

Along with many other Western companies, Hugo Boss suspended its retail operations in Russia after the beginning of the full-scale invasion of Ukraine in February 2022.
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