The world's leading luxury brands said on Friday that they planned to temporarily close stores and pause business operations in Russia.
Doing business in Russia has become complex since Russia's invasion of Ukraine, which prompted the United States, Britain and the Europe Union to impose sweeping sanctions."Given our increasing concerns about the current situation, the growing uncertainty and the complexity to operate, Chanel decided to temporarily pause its business in Russia," the French luxury fashion house said in a LinkedIn post.
French multinational Kering, whose brands include brands as Gucci, Saint Laurent, Bottega Veneta and Boucheron among others, has two shops and 180 employees, which the company will continue to support. Richemont, which also owns Dunhill, Jaeger-LeCoultre, Montblanc, Piaget, and Van Cleef & Arpels among other brands, has around a dozen directly operated stores, mostly in Moscow. It said in a statement it had suspended commercial activities in Russia on March 3 after stopping Ukraine operations on Feb. 24, the day Russia launched its invasion.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Russia-Ukraine war: United Nations approves resolution condemning Putin, Russia: LIVE UPDATESThe Russian invasion of Ukraine stretched on into its seventh day Wednesday with a massive air assault on the second city of Kharkiv and forces moving toward the capital of Kyiv.
Consulte Mais informação »
Ukraine-Russia War: Russia occupies Kherson and Kyiv faces intense bombingsThe war enters a second full week. Thousands are dead, one Ukrainian city has been occupied, others are under siege, and a major European war continues.
Consulte Mais informação »
Russia-Ukraine live updates: Russia bans Facebook, Twitter'The intentional targeting of civilians or civilian objects would be considered a war crime, even as we are assessing that,' press sec. Psaki tells marykbruce when asked about Russian attacks on nuclear power plant.
Consulte Mais informação »
Russia-Ukraine live updates: Russia takes Kherson government building in siege on Ukraine’s port citiesRussia takes Kherson government building in siege on port cities, Ukrainian official says. Follow our live coverage.
Consulte Mais informação »
Russia-Ukraine live updates: Russia blocks access to Facebook over warRUSSIA-UKRAINE WAR UPDATE: Russia's state communications watchdog has ordered to completely block access to Facebook in Russia amid the tensions over the war in Ukraine.
Consulte Mais informação »
Russia-owned SCF oil tankers rerouting from Canada, returning to RussiaTwo oil tankers owned and managed by Sovcomflot , the Russian maritime and freight shipping company that the United States blacklisted last week, are rerouting from their Canadian destinations, while another is returning to Russia after discharging, according to tracking data and marine sources.
Consulte Mais informação »