Henkel says a full withdrawal from Russia could have ‘far-fetching’ consequences

By Becky Bargh | Published: 11-Apr-2022

Personal care giant defended its decision to continue operating in Russia, in spite of the war in Ukraine, to protect its employees in the region

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

Henkel – the German personal care giant – has defended its decision to continue operating in Russia, as a full withdrawal could have “far-fetching” consequences.

In a statement to Cosmetics Business, the Schwarzkopf owner said that it employed 2,500 staff in Russia, some of whom have been working for Henkel for decades.

“We also feel responsible for them,” the group said.

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.

You may also like