The owner of the Russian business segment of the British cosmetics chain Lush has decided to close all remaining stores. He was unable to organize deliveries to the country even for parallel imports.
Stock from the warehouse is planned to be sold through an online store, Kommersant has learned from several network consultants. At the head office in Britain, the publication did not respond to the request.
UK-based Lush suspended work with a Russian partner in March, the last batch purchased getting stuck in Riga. The brand owner does wholesale only with his partners, so the scheme with parallel imports is not for Lush, the source said.
Experts point out that Lush was successful because of its position as a manufacturer of organic and natural cosmetics, offering products by weight. However, the company's products were not exclusive, so customers will be able to find replacements from local manufacturers.
Lush chain of handmade cosmetics stores has 48 outlets in Russia and 15 outlets in Ukraine. After the start of the military operation in Ukraine, Lush suspended the supply of merchandise to Russia, but left the stores open. The head of the company said there would be enough leftovers in Russian warehouses for three months of trading.
In April, Lush decided to close some of its stores in Russia and lay off 40% of its employees. The owner of the Russian business segment of the British company said this was a necessary move.
Author:
karina pardaeva
Source: RB

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