Pause operations: company temporarily curtailing operations while keeping return options open
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Paramount Consumer Products
Paramount Consumer Products
Paramount Consumer Products is the retailing and licensing division of Paramount Global. The department is in charge of merchandising for Paramount-owned brands. As of 2015, the division was valued at $3 billion.
Pause operations: company temporarily curtailing operations while keeping return options open
Leave SuspensionThe Company Statement
March 15, 2022
Paramount Consumer Products is temporarily halting its operations in Russia and giving $1 million to support humanitarian relief for Ukraine. It will also pause new licensing deals in Russia.
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