CoverGirl owner Coty to wind down Russia operations
Coty Inc said on Wednesday it was winding down its Russia operations after Moscow's attack on Ukraine.
Source: www.reuters.com
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(Reuters) - Coty Inc said on Wednesday it was winding down its Russia operations after Moscow’s attack on Ukraine.
Russia accounted for a little more than 3% of Coty’s sales in 2021, the company said in a filing.
Reporting by Aishwarya Venugopal in Bengaluru; Editing by Aditya Soni
