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Cosmetics Firm May Struggle to Deliver Some Nutrient Products to Russia Due to Moscow Food Ban

STOCKHOLM—Oriflame Cosmetics SA on Thursday said the geopolitical crisis in Russia and Ukraine weighed on second-quarter profit and that it may struggle to deliver some nutrient products to Russia, one of its key markets, due to the recent food ban imposed by Moscow.

As a result it has scrapped its dividend payout for the fourth quarter due, it said.

The Swedish founded and Luxembourg-based company said that Russian police...

More:
http://online.wsj.com/articles/oriflame-pressured-by-ukraine-russia-crisis-1407999649

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