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December 6, 2025
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CoverGirl Owner Coty To Wind Down Russia Operations

The Cheap Investor4 years ago01 mins
CoverGirl Owner Coty To Wind Down Russia Operations

(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)

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