LVMH, Hermes, Chanel pause business in Russia over Ukraine war | Malay Mail

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PARIS, March 5 ― 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 yesterday. Hermes group runs three stores in Russia, including one in the Gum department store on Red Square, and...

PARIS, March 5 ― 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 yesterday.

The group also announced a €5 million donation to support the International Committee of the Red Cross . Hermes said “it's with regret that we have taken the decision to temporarily close our stores in Russia and pause all our commercial activities from March 4”.

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