Hugo Boss AG decided to redirect its business in Russia towards wholesale deliveries. The company is now negotiating the sale of its assets and liabilities in the country, Kommersant writes, citing the German company’s report.

Hugo Boss decided to redirect its business in Russia to wholesale deliveries

As of the end of 2022, Hugo Boss Rus managed 19 stores in Moscow, the Moscow region, St. Petersburg and Rostov-on-Don.

Last spring, Hugo Boss AG announced the suspension of retail operations and online sales in Russia, but continued to trade through wholesale channels.

  • Hugo Boss used clothing can be found on Yandex.Market, which has launched a Resale section for the sale of used clothing, shoes and accessories. You can sell used clothing and shoes both directly to the buyer and through the service itself. In the first case, the amount will be higher.

Author:

karina pardaeva

Source: RB

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