03.08.22
Russia’s invasion of Ukraine shocked consumers and business executives around the world. Some CEOs are fighting back, but as the Yale School of Management notes, there are companies in the household and personal products industry that are still doing business in Russia. Here’s the Yale School of Management list as it pertains to companies in our industry. The list is updated regularly by the Yale School of Management. Happi will update the list on a regular basis. Updated 5/19/22
DIGGING IN (Grade F). Business-as-usual
Clarins • Still selling online in Russia
Forever Living Products • Still operating in Russia
Letique Cosmetics • Maintains stores in Russia
Mod's Hair • Still operates in Russia
BUYING TIME (Grade D). Holding Off New Investment/Development in Russia
Cargill • Unspecified scaling down of non-essential operations
Colgate-Palmolive • Continue essential health and hygiene sales
GlaxoSmithKline • Stopped advertising in Russia/stopped clinical trials
Johnson & Johnson • pause patient enrollment in continuing trials
Kimberly-Clark • Suspend new investment in Russia
Nestlé • Halted non-essential imports/exports to Russia, stopped all advertising and suspended capital investment
Procter & Gamble • Scale back unspecified operations in Russia, suspend new investment/advertising
SC Johnson • Stopped new investment, scaled back unspecified operations
Unilever • Stopped imports and exports, and stopped all advertising and investments
Young Living • Suspend new investments in Russia
Yves Rocher • Suspend new investments/development
SCALING BACK (Grade C). Reducing current operations
Beiersdorf • Maintain skin and body care products; stop other products
Dow • Suspend investments/some purchases but not all
Herbalife • Suspend sales and shipments to Russia, but independent sellers remain operational
Nalco Water (Ecolab) • Suspended services, except service critical to health
Natura &Co • Suspend some subsidiary operations, but not all
Oriflame Cosmetics • Suspend online sales to end consumers but not others
Royal DSM • Stopped all operations in Russia other than basic food/feed/essential health activities
SUSPENSIONS (Grade B). Keeping options open to return
AAK • Suspend operations in Russia
Amway • Suspend operations in Russia
Cargill • Suspend new investments/continue essential products
Chanel • Suspend all operations in Russia
Clorox • Suspend business activity in Russia
Estée Lauder • Suspend operations in Russia
Honeywell • Suspend virtually all sales in Russia
L'Oréal • Suspend operations in Russia
Lanxess • Suspend business activities with Russia
Lush • Suspend online sales & supply to Russia
LVMH • Suspend all operations in Russa
WITHDRAWAL (Grade A). Clean Break
Ball Corp. • Leave Russia completely
BASF SE • Wind down Russian operations
Coty • Wind down Russian business
Henkel • In process of exiting business activies in Russia
IMCD • Withdraw from Russia completely
L'Occitane • Exit Russian operations
Reckitt • Begins a process aimed at transferring ownership of its Russia business
Sephora • Completely exiting country.
DIGGING IN (Grade F). Business-as-usual
Clarins • Still selling online in Russia
Forever Living Products • Still operating in Russia
Letique Cosmetics • Maintains stores in Russia
Mod's Hair • Still operates in Russia
BUYING TIME (Grade D). Holding Off New Investment/Development in Russia
Cargill • Unspecified scaling down of non-essential operations
Colgate-Palmolive • Continue essential health and hygiene sales
GlaxoSmithKline • Stopped advertising in Russia/stopped clinical trials
Johnson & Johnson • pause patient enrollment in continuing trials
Kimberly-Clark • Suspend new investment in Russia
Nestlé • Halted non-essential imports/exports to Russia, stopped all advertising and suspended capital investment
Procter & Gamble • Scale back unspecified operations in Russia, suspend new investment/advertising
SC Johnson • Stopped new investment, scaled back unspecified operations
Unilever • Stopped imports and exports, and stopped all advertising and investments
Young Living • Suspend new investments in Russia
Yves Rocher • Suspend new investments/development
SCALING BACK (Grade C). Reducing current operations
Beiersdorf • Maintain skin and body care products; stop other products
Dow • Suspend investments/some purchases but not all
Herbalife • Suspend sales and shipments to Russia, but independent sellers remain operational
Nalco Water (Ecolab) • Suspended services, except service critical to health
Natura &Co • Suspend some subsidiary operations, but not all
Oriflame Cosmetics • Suspend online sales to end consumers but not others
Royal DSM • Stopped all operations in Russia other than basic food/feed/essential health activities
SUSPENSIONS (Grade B). Keeping options open to return
AAK • Suspend operations in Russia
Amway • Suspend operations in Russia
Cargill • Suspend new investments/continue essential products
Chanel • Suspend all operations in Russia
Clorox • Suspend business activity in Russia
Estée Lauder • Suspend operations in Russia
Honeywell • Suspend virtually all sales in Russia
L'Oréal • Suspend operations in Russia
Lanxess • Suspend business activities with Russia
Lush • Suspend online sales & supply to Russia
LVMH • Suspend all operations in Russa
WITHDRAWAL (Grade A). Clean Break
Ball Corp. • Leave Russia completely
BASF SE • Wind down Russian operations
Coty • Wind down Russian business
Henkel • In process of exiting business activies in Russia
IMCD • Withdraw from Russia completely
L'Occitane • Exit Russian operations
Reckitt • Begins a process aimed at transferring ownership of its Russia business
Sephora • Completely exiting country.