What is the impact of the war in Ukraine on luxury cosmetics brands ?

European cosmetics manufacturers are facing a supply crisis due to a shortage of resources and deliveries in Ukraine.

 

Like the food industry, the global cosmetics sector is struggling with the fallout from the war in Ukraine, as producers use, among other things, alcohol derived from grain and beets to make perfumes, and sunflower oils to make cosmetics. The downside? All these key crops come from Ukraine.

 

At the same time, the energy crisis triggered by the war has driven up the price of glass and paper, and the new containment in China has prevented companies from obtaining packaging for its luxury cosmetics.

 

Supply problems

 

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Featured photo : © Thirteen Thoughts

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Hélène Cougot
Hélène Cougot
Passionate about art and fashion, Hélène went to a fashion design school: the Atelier Chardon-Savard. She then completed her training with an MBA in Marketing at ISG. She has written for the magazine Do it in Paris and specializes in writing articles about luxury, art and fashion for Luxus +.

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