The Moscow Times on MSN

Store closures sweep Russia’s fashion market as profits come under pressure

Russian fashion retailers closed hundreds of stores in 2025, and further shutdowns are expected next year as weak consumer demand and rising costs erode profitability, industry experts said. Some 25 ...
Reuters

From fashion to cars, Russian markets pose new test for Western brands weighing return

This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine Western brands face tougher competition in Russian markets Moscow legalised grey imports ...