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CoverGirl owner Coty to wind down Russia operations By Reuters

April 27, 2022
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© Reuters. FILE PHOTO: Covergirl makeup, owned by Coty Inc., is seen for sale in Manhattan, New York City, U.S., February 7, 2022. REUTERS/Andrew Kelly

(Reuters) – Coty (NYSE:) Inc said on Wednesday it was winding down its Russia operations after Moscow’s attack on Ukraine.

Russia accounted for a little more than 3% of Coty’s sales in 2021, the company said in a filing.

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