H&M reported a 23% rise in first quarter sales on Tuesday, which was in line with market expectations, as the world’s second-biggest fashion retailer attempts to build... View Article
The owner of Uniqlo has made a U-turn and decided to suspend operations in Russia. Fast Retailing said it faced “operational challenges” due to the “worsening... View Article
Mothercare has announced that it has suspended all of its business in Russia following the country’s invasion of Ukraine. The mother and baby products brand has... View Article
Next is to close its Russian operations following Russia’s invasion of Ukraine, joining a growing list of companies shunning the country. Next has told staff at... View Article
Russia’s wealthy are turning to luxury jewellery and watches in a bid to preserve the value of their savings. Bulgari’s, Swatch Group, Richemont, Rolex, Hermes, LVMH and... View Article
Co-op have removed Russian-made vodka from their shelves for the ‘foreseeable future’ in response to Russia’s invasion of Ukraine. A spokesman confirmed that Russian Standard vodka... View Article
SANCTIONS: The mass exodus of retailers and brands cutting ties with Russia continues to grow as sanctions rack up over the invasion of the Ukraine. We... View Article
H&M Group has announced that it has paused all sales in Russia following the country’s invasion of Ukraine. In a statement issued yesterday, the fashion and... View Article
The founder of cosmetics retailer Lush has revealed all their staff in Ukraine are safe but that 15 stores across the country have been closed as Russian troops advance on... View Article
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