French luxury cosmetics brand L’Occitane has decided to close its stores and online shops in Russia due to Moscow’s ongoing military operation in Ukraine, the company said in a press release on Friday evening.
“Over the past few weeks, we have significantly curtailed our business operations in Russia in response to the tragedy for the population of Ukraine… Given the enormous human suffering being caused by escalating military action in Ukraine and to protect our employees worldwide from potential public aggression, we have decided to close our own stores and e-commerce websites in Russia,” the press release stated.
The company added that it is also suspending investment and expansion projects in Russia.