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 region, LVMH regrets to announce the temporary closure of its stores in Russia from March 6,” an LVMH spokesperson told AFP, affecting some 124 shops. The group also announced a $5.5 million donation to support the International Committee of the Red Cross. Chanel, which has 17 stores in Russia, said that “major uncertainty and the complexities of operating” had led it to temporarily suspend its operations in the country.
“We won’t be delivering to Russia anymore, we will close our stores and we have already suspended internet shopping,” the luxury brand said.
Russia ---- Europe:- Hypocritical Europe, is that all you got? Mtchewww