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CoverGirl owner Coty to wind down Russia operations -Breaking

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© Reuters. FILEPHOTO: Covergirl make-up, which is owned by Coty Inc. can be seen in Manhattan, New York City on February 7, 2022. REUTERS/Andrew Kelly

(Reuters) – Coty, (NYSE:) Inc stated Wednesday that they were closing their Russia operations due to Moscow’s attack against Ukraine.

According to Coty, Russia was responsible for slightly more than 3 percent of its sales in 2021.

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