Brands such as Ikea have left or paused operations in Russia since the war in Ukraine. Photo:
Brands such as Ikea have left or paused operations in Russia since the war in Ukraine. Photo:
Ukraine war

Russia eyes China, India for retail brands as West exits due to Ukraine war sanctions

  • Dozens of big brands have temporarily closed operations or exited the country since Russia sent tens of thousands of troops into Ukraine on February 24
  • The Russian Council of Shopping Centres said it was negotiating with China, India, Iran and Turkey about finding alternatives to Western brands

Brands such as Ikea have left or paused operations in Russia since the war in Ukraine. Photo:
Brands such as Ikea have left or paused operations in Russia since the war in Ukraine. Photo:
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