February 7, 2025

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J&J halts supply of beauty products to Russia

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By Becky Bargh
30-Mar-2022

J&J has come to be the most up-to-date individual treatment heavyweight to stop functions in defiance of Russia’s invasion of Ukraine

The Russian market place will make up 1% of J&J’s in general revenue

Johnson & Johnson (J&J) has joined its private care counterparts in halting offer of elegance products and solutions to Russia.

The transfer is in response to the ongoing conflict in Ukraine, which is about to enter its fifth week.

Beauty models in J&J’s portfolio involve Aveeno, Neutrogena and OGX.

J&J said it would continue to provide medications and health care units to the region.

No more clients will be enrolled in scientific trials across Russia, even so.

According to Reuters, 1% of J&J’s profits are created in the region.

J&J’s determination will come weeks just after other magnificence heavyweights pulled the plug of provide to Russia.

Splendor retailer Sephora and Estée Lauder Corporations were being some of the very first organizations to break ties with Russia much less than two months immediately after Ukraine was invaded.

Natura – owner of The Body Store, Avon and Aesop – also halted imports to Russia, as did L’Oréal.

Lush, in the meantime, said that it could not close its 48 merchants throughout Russia owing to a longstanding legal settlement with a Russian licensee.

Materials to retail retailers have been halted, nonetheless, and on-line profits ceased as a exhibit of demonstration versus the war.

The affect on Ukraine’s cosmetic economic climate

Ukraine’s individual treatment industry was projected to produce just about US$3bn in 2022, according to information assistance Statista, and is a single of the major markets in the country. &#13

Industrial towns Kharkiv and Dnipo are the beating heart of the country’s domestic beauty producers.

They also play host to makers from the global community, which includes L’Oréal, Henkel and Oriflame.

But what was the moment a central part of the country’s overall economy has been brought to a grinding halt.

The UN estimates that, even if the conclude of the war was in sight, the country’s GDP will reduce 10%, acquiring unfathomable impacts on producers. &#13



Ukraine is also 1 of the biggest suppliers of sunflower oil to the cosmetics industry, as very well as other industries.

Nonetheless, with production at a standstill, suppliers are getting to rely on other producers for their products.

Frozen meals supplier Iceland, noted The Grocer, has even switched back again to palm oil because of to soaring prices for sunflower oil.

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