August 10, 2022

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Russia's invasion of Ukraine: Chanel, Herms etc. suspend sales in Russia

Russia’s invasion of Ukraine: Chanel, Herms etc. suspend sales in Russia

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Models at the 2018 Channel Fashion Show in Moscow.

Leading French fashion houses have joined other companies in announcing that they will stop selling in Russia in the midst of the war in Ukraine.

On Friday, Chanel, LVMH, Hermes and Kering said they had decided to temporarily close their stores in Russia.

Other companies around the world are following the calls of Ukrainian high-end clothing stores to “resist” the country’s invasion.

So far, the sellers of luxury goods have largely been exempted from the restrictions imposed by Western governments.