LVMH, Hermes, Chanel pause business in Russia
French luxury giants LVMH, Hermes and Chanel have decided to temporarily close their shops in Russia, which invaded Ukraine on February 24, the firms announced Friday. Hermes group runs three stores in Russia, including one in the Gum department store on Red Square, and employs 60 people in the country. "Taking into account the situation in the...
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