Inditex exits Russia on sale of businesses to Daher
The move comes after Inditex paused its operation in Russia on 5 March. In a securities market disclosure, Inditex said…
Apparel industry reacts to Russia tensions
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Mango to hand over Russia stores to franchise operators
In a statement, Mango said the first two of 55 stores it was directly operating in Russia will be transferred…
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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…
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IN THE MONEY: New Look halts Russia expansion as tensions rise
After booking a "stellar" first-quarter performance, UK value fashion retailer New Look has put the brakes on its expansion into Russia,…
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IN THE MONEY: Adidas “remains committed” to Russia
German sporting giant Adidas says it remains "fully committed" to the Russian market, despite plans to close stores and significantly…
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GERMANY: Adidas shares plunge as FY outlook cut
Adidas shares plunged this morning (31 July) after the German sporting giant cut its earnings forecast and announced plans to…
