Outlets of 152 foreign brands are still operating today in large Russian shopping centers, according to a report by the consulting firm NF Group, whose data Vedomosti cites.

About 150 stores of foreign brands continue to operate in Russia

Most of the remaining foreign retailers in Russia are from the United States: 22.4%. The second and third places are occupied by Italy (15.1%) and France (10.5%). They are followed by Turkey and Germany (both with 9.9%).

The companies that have decided to continue working in Russia are mostly represented in the fashion segment (59.9%). Among them are the Americans USPolo, Michael Kors and Timberland, the Italians Trussardi and United Colors of Benetton, the Germans Marc O’Polo and the French Abricot.

Approximately 10% of the rest of the companies are from the catering sector, 5.3% are sellers of household appliances and electronics.

At the beginning of 2022, more than 360 foreign retailers were present in Russia. After the start of a special military operation, 180 of them decided to suspend their work in Russia.

Author:

anastasia mariana

Source: RB

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I am Bret Jackson, a professional journalist and author for Gadget Onus, where I specialize in writing about the gaming industry. With over 6 years of experience in my field, I have built up an extensive portfolio that ranges from reviews to interviews with top figures within the industry. My work has been featured on various news sites, providing readers with insightful analysis regarding the current state of gaming culture.

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