Lush Cosmetics to open new Russian plant

Published: 4-Sep-2015
Manufacturing Finance

Brand to reduce costs in Russia

You need to be a subscriber to read this article.
Click here to find out more.

Lush Cosmetics has announced its decision to significantly increase the level of localisation of its Russian production during the next few years

According to Dmitry Azarov, Director General/Co-Owner of the company’s Russian subsidiary, this decision is mainly due to the “unstable economic situation in the country” at present.

Azarov explained that the company had raised its retail prices in Russia in March 2015, but is still experiencing difficulty in keeping them down.

Not yet a Subscriber?

This is a small extract of the full article which is available ONLY to premium content subscribers. Click below to get premium content on Cosmetics Business.

Subscribe now Already a subscriber? Sign in here.
  • Companies:
  • Lush Cosmetics
See more

You may also like

You need to be a subscriber to read this article.
Click here to find out more.
Manufacturing

Lifting the lid on Lush’s Christmas gifting

Read more
Snow Fairy maker Lush produces millions of products every Christmas. Cosmetics Business provides an inside scoop into how it meets the mark each year

Trending Articles

  1. Helen of Troy buys nail brand Olive & June for $225 million The brand owner will build on Olive & June’s consumer perception strength and help expand its availability
  2. The Ordinary co-founder Nicola Kilner to cede Deciem CEO role Kilner will step down as CEO at the end of the year, but will remain as co-founder and continue to be involved
  3. e.l.f. Beauty hits back at ‘unsubstantiated’ short seller report A 48-page report issued by Muddy Waters has alleged that the US beauty giant had “inflated” its revenue and profits
  4. Space NK full-year sales jump as Gen Z shoppers drive sales The UK retailer is also expanding its portfolio with ten additional stores, which has already seen a store open in Sheffield
  5. Revlon relocates New Jersey R&D hub to ‘further amplify’ its capabilities The move marks an ‘exciting step’ in Revlon’s future, says CSO

Upcoming event

Cosmoprof India 2024

5-7 December 2024 | Mumbai, India See all

You may also like

You need to be a subscriber to read this article.
Click here to find out more.
Manufacturing

Lifting the lid on Lush’s Christmas gifting

Snow Fairy maker Lush produces millions of products every Christmas. Cosmetics Business provides an inside scoop into how it meets the mark each year
Manufacturing

Lush Cosmetics teams up with Dubai composting start-up

The Waste Lab, which transforms food scraps into compost, will make use of Lush UAE’s fresh fruit, vegetable and herb waste
Finance

Lush settles dispute with ex-CEO over blocked share sale

The British cosmetics retailer has been in a row with former boss Andrew Gerrie over the transfer of his shares in the company
You need to be a subscriber to read this article.
Click here to find out more.
Body Care

From Barbie to Super Mario: Why Lush’s brand collaborations have been so successful

The UK beauty brand has reported phenomenal retail sales from its licensed partnerships this year and has more in the pipeline. We find out the secret to its cross-collaboration success
Body Care

Lush paid £5m in management bonuses following £5m state support

The beauty brand said the bonus was an 'exceptional item' for employees responsible for the acquisition of its North America business
You need to be a subscriber to read this article.
Click here to find out more.
Manufacturing

Is this beauty’s greenest space? Inside Lush’s new Green Hub

How the ethical brand is taking control of waste and where it sees room for improvement
Body Care

Lush files complaint with FCA about ex-CEO’s sale of company shares

The retailer has allegedly filed a complaint to the City watchdog about former director Andrew Gerrie’s sale of company shares to Silverwood Brands
Subscribe now