Highest-earning cosmetics retailers in Russia 2023

Published by A. Melkadze, Oct 2, 2024

The cosmetics retailer with the highest revenue in Russia was Magnit Cosmetic, at over 200 billion Russian rubles in 2023. The online marketplace Wildberries sold products worth 177.6 billion Russian rubles, excluding VAT.

Leading cosmetics retailers in Russia in 2023, by revenue (in billion Russian rubles)

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Release date

August 2024

Region

Russia

Survey time period

2023

Supplementary notes

*GMV, net from VAT.

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