Lancome and Yves Saint Laurent Coming Back to Russia

The Ministry of Industry and Trade of the Russian Federation has banned the parallel import of perfumes and cosmetics of the Lancome, Redken, Yves Saint Laurent, Giorgio Armani, and Kerastase brands, as they are ready to resume deliveries to Russia, according to the Ministry’s press service.  

Picture: YSL Beauty

“Yes, these brands are included in the exceptions, and, accordingly, parallel import is impossible for them. This was made possible thanks to the willingness of companies to resume the supply of their products to Russia,” the Ministry specified.

It is stated that the exceptions will take effect in three months. Thus, those who purchased products under the parallel import scheme will have time to import them into Russia.

As noted, brands were added to the list of parallel imports in early August. At the same time, back in May, the Head of the Ministry, Denis Manturov, reported on negotiations on the resumption of supplies of cosmetic products from leading manufacturers.

After the start of a special military operation to denazify and demilitarize Ukraine, the West increased sanctions pressure on Moscow. At the end of March, the Russian government legalized parallel imports to meet the demand for foreign goods. The measure involves the import of original goods, but through alternative supply channels.

Ru-Main, 07.11.2022
Source: RIA Novosti 

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