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  1. Analysis
August 15, 2014

ANALYSIS: Apparel industry not immune from Russia tensions

Retail shares were among the biggest fallers last week as financial markets reacted to President Vladimir Putin's retaliation to the imposition of sanctions on Russia. While the ban was imposed on food and agricultural imports, the apparel industry is unlikely to be immune from the effects of the standoff, with majors like Adidas already suffering long-standing issues in the country.

Retail shares were among the biggest fallers last week as financial markets reacted to President Vladimir Putin’s retaliation to the imposition of sanctions on Russia. While the ban was imposed on food and agricultural imports, the apparel industry is unlikely to be immune from the effects of the standoff, with majors like Adidas already suffering long-standing issues in the country.

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