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Nike, Ikea, Asos join a growing list of global retailers spurning Russia

Inside Retail

MARCH 3, 2022

Sportswear retailer Nike and home furnishings firm Ikea have shut down their stores in Russia, as the world responds to the rogue state’s invasion of neighbouring Ukraine. Spanish fast-fashion rival Mango said it would temporarily close its stores and website in Russia.

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Uniqlo to suspend Russia operations in U-turn

Inside Retail

MARCH 10, 2022

Uniqlo owner Fast Retailing Co on Thursday said it would suspend operations in Russia, in a U-turn by the Japanese fast-fashion giant which had indicated it would stay in the market after Moscow’s invasion of Ukraine.

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