Chanel

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...

Chanel skin science investment driving its portfolio

Chanel skin science investment driving its portfolio

By Michelle Yeomans

Despite Chanel’s vast portfolio of luxury goods, it’s the brand’s investment in the cosmetics sector that is coming up trumps, currently accounting for 55% of its annual revenue.

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