Zara owner Inditex ceases trading in Russia ‘temporarily’

Spanish firm is latest western brand to halt operations amid sanctions over Ukraine invasion and rouble weaknessThe Spanish fashion retailer Inditex, which owns Zara, has halted trading in Russia, closing its 502 shops and stopping online sales, the company said.The Zara owner followed other big western brands which have suspended operations in Russia, following the invasion of Ukraine and the imposition of economic sanctions. Continue reading…

Spanish firm is latest western brand to halt operations amid sanctions over Ukraine invasion and rouble weakness

The Spanish fashion retailer Inditex, which owns Zara, has halted trading in Russia, closing its 502 shops and stopping online sales, the company said.

The Zara owner followed other big western brands which have suspended operations in Russia, following the invasion of Ukraine and the imposition of economic sanctions.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *