Profit Oriflame in the CIS dropped very rapidly because of the events in Ukraine
Manufacturer of cosmetics Oriflame Cosmetics said on the reduction of funds coming from the fall around Ukraine informs.
In the 2nd quarter of 2014 net profit organization fell to 12, 1 million euros 19, 9 million for the same period last year. Selling Oriflame in CIS In the 2nd quarter decreased by 40, 6 million euros (up to 132 7 million with 173, 3 million). The head of the organization Magnus, Brannstrom said that the CIS market is under the influence of heavy geopolitical and economic conditions ".
in addition, Oriflame afraid of difficulties with the importation into the Russian Federation product lines Wellness - protein cocktails, biological additives, and other items for health. Sports nutrition and Supplements are under the ban imposed by Russia in response to punishment in Western countries." to what extent will this affect the business, At the present time it is difficult to assess, " he explained in an organization.
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