Get all your news in one place.

100’s of premium titles.
One app.

Get all your news in one place.

100’s of premium titles. One news app.

Benzinga

Business

Shivani Kumaresan

Estee Lauder To Close All Stores In Russia - Report

Russia Estee Lauder EL NYSE Ukraine Wall Street Journal

Estee Lauder Companies Inc (NYSE:EL) is suspending all its commercial activities in Russia following the Ukraine crisis, the Wall Street Journal reported.
The company will close all stores it owns in Russia and stop shipping products to retailers in the country.
Estee Lauder gets roughly 2.7% of its revenue from Russia, and the region is one of the company’s strongest performers, the report noted.
Price Action: EL shares closed lower by 7.64% at $263.87 on Monday.

Sign up to read this article

Read news from 100’s of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

Putin says Russia fired experimental ballistic missile at Ukraine

Putin says Russia fired experimental ballistic missile at Ukraine

It comes after Russian Foreign Ministry says a United States anti-missile base in Poland is now ‘a priority target’

The Independent UK

Putin says Russia fired experimental ballistic missile into Ukraine

Putin says Russia fired experimental ballistic missile into Ukraine

President says hypersonic missile fired at Dnipro military site in reply to Kyiv’s strikes in Russia with western missiles

The Guardian - UK

Illinois court overturns conviction of former Empire star Jussie Smollett

Illinois court overturns conviction of former Empire star Jussie Smollett

Court says new charges for hate-crime hoax shouldn’t have been filed after original charges were dropped

The Guardian - US

Wisconsin kayaker who faked his own death is alive in Eastern Europe, police say

Wisconsin kayaker who faked his own death is alive in Eastern Europe, police say

Police say a Wisconsin man who investigators said faked his own drowning this summer so he could abandon his wife and three children is alive somewhere in Eastern Europe

The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Justice Department finds a pattern of misconduct by police in Trenton, New Jersey

Justice Department finds a pattern of misconduct by police in Trenton, New Jersey

Police in New Jersey’s capital have shown a pattern of misconduct, including excessive force and unlawful stops

The Independent UK

EU migration chief raises alarm over Russian visas amid security fears

EU migration chief raises alarm over Russian visas amid security fears

European Union may need to tighten visa policies in light of growing security threats, warns EU chief

The Guardian - UK

Related Stories

Top stories on inkl right now

Putin says Russia fired experimental ballistic missile at Ukraine

Putin says Russia fired experimental ballistic missile at Ukraine

It comes after Russian Foreign Ministry says a United States anti-missile base in Poland is now ‘a priority target’

The Independent UK

Putin says Russia fired experimental ballistic missile into Ukraine

Putin says Russia fired experimental ballistic missile into Ukraine

President says hypersonic missile fired at Dnipro military site in reply to Kyiv’s strikes in Russia with western missiles

The Guardian - UK

Illinois court overturns conviction of former Empire star Jussie Smollett

Illinois court overturns conviction of former Empire star Jussie Smollett

Court says new charges for hate-crime hoax shouldn’t have been filed after original charges were dropped

The Guardian - US

Wisconsin kayaker who faked his own death is alive in Eastern Europe, police say

Wisconsin kayaker who faked his own death is alive in Eastern Europe, police say

Police say a Wisconsin man who investigators said faked his own drowning this summer so he could abandon his wife and three children is alive somewhere in Eastern Europe

The Independent UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Justice Department finds a pattern of misconduct by police in Trenton, New Jersey

Justice Department finds a pattern of misconduct by police in Trenton, New Jersey

Police in New Jersey’s capital have shown a pattern of misconduct, including excessive force and unlawful stops

The Independent UK

EU migration chief raises alarm over Russian visas amid security fears

EU migration chief raises alarm over Russian visas amid security fears

European Union may need to tighten visa policies in light of growing security threats, warns EU chief

The Guardian - UK

Our Picks

Paul Simon names the fan-favorite song he’ll never perform again

The folk rock icon said his hearing loss has limited the songs he can perform live

The Independent UK

“We’re doing my first-ever gig with Nirvana on SNL. What I didn’t know was there was a discussion about my guitar like, ‘No, we can’t let him on stage’”: Pat Smear’s first Nirvana appearance almost didn’t happen – because of his guitar

Smear had bought a 1982 Charvel when he was playing with Nina Hagen – but the guitar didn't quite impress the Nirvana troupe

"Worm": Keith Lee shuts down sushi joint

FOB Sushi Bar has closed its Bellevue and Seattle restaurant locations

I don't watch a lot of anime, but even I’m shocked that Scott Pilgrim Takes Off has been canceled by Netflix

One of the best anime series Scott Pilgrim Takes Off has been canceled by Netflix after one season.

Coachella 2025 has unveiled its full lineup with Post Malone, Green Day and Lady Gaga

Green Day, Post Malone and Lady Gaga have been announced as headliners for Coachella 2025.

People around world associate rolled R with a jagged line, study finds

Speakers of 28 languages linked sound and shape at least 88% of the time, in ‘strongest case of sound symbolism to date’

The Guardian - UK

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play