Sephora halts operations in Russia

The French perfumery and cosmetics chain Sephora announced its intention to suspend the operation of its stores in Russia, Report informs, citing TASS.

"Given our growing concerns about the current situation, as well as [about] the complexity of doing business, we are suspending our activities in Russia until further notice," the company said in a statement on Instagram

All network outlets and all e-commerce related to Sephora products will be closed within the next 24 hours.

"The safety of our employees [in Russia] is our priority, and we will continue to support them during this difficult time," Sephora added.