Find in the news:
BY COUNTRY

What international brands are leaving Russia?



Ikea, H&M, Prisma, Jysk, Hermes, Chanel are shutting down: the list of companies refusing to work in Russia grows daily.
Ikea closure in Russia

The Russian economy is experiencing a mass exodus of international companies for the first time in modern history. A number of major brands have announced the suspension of operations, the freezing of all projects and the cancellation of new deliveries to the Russian market. In the consumer segment, the situation is not yet as critical as in other industries, but many retailers have already begun closing their stores. 

Some companies explain the impossibility of operating in Russia by unprecedented logistics problems and the difficult economic conditions, while others cite the ongoing military operation in Ukraine. Apple and Nike were the first to announce the suspension of work in Russia at the beginning of last week: the two American companies have closed their online stores there.

What brands have announced the suspension of work in Russia? 

Retail

H&M

  • All IKEA stores (14 furniture centers, several Citistores, and design studios), as well as its online store, are closed until May 31;
  • The Jysk retail stores and online sales in Russia have been suspended until further notice;
  • H&M - all stores and its online store have closed down - more than 150 stores in total, covering H&M, H&M Home, COS, & Other Stories;
  • Mango - all retail stores and online store closed;
  • Inditex - all Zara, Bershka, Pull & Bear, Stradivarius, Oysho, and Zara Home stores closed;
  • Puma - all retail and online channels suspended;
  • Nike - the work of the online store and delivery of goods to Russia was suspended;
  • Swarovsky - the online store was closed, the delivery of goods to the Russian Federation was suspended;
  • Lego - the shipment of goods to the Russian market was suspended;
  • Prisma - 16 supermarkets in St. Petersburg were closed, the company announced its withdrawal from Russia;
  • iHerb - the online store was temporarily closed, no orders are accepted;
  • The biggest luxury goods retailers LVMH, Kering, Chanel, Hermes stopped functioning of retail and internet stores; 
  • International fashion platforms Net-a-Porter, Mr Porter, Yoox, and The Outnet stopped taking orders in Russia.

Logistics companies

DHL, FedEx, UPS, Maersk - all operations in Russia were stopped; orders with delivery to/from Russia are not processed.

Automotive concerns

BMW, Cadillac, Ford, General Motors, Honda, Toyota, Mazda, Jaguar, Land Rover, Mercedes-Benz, Porsche, Rolls-Royce, Volvo, VW, Suzuki, Skoda, Scania - have temporarily shut down production in Russia.

Payment systems

  • VISA and Mastercard - have suspended their work in Russia. Issued cards will cease to work outside the country, including in foreign online stores. On the Russian market, bank cards will continue to operate normally; 
  • PayPal - the service suspended its work in Russia for an indefinite period. New accounts are not being registered, Russian clients will be able to withdraw funds; 
  • American Express - work in Russia has been completely suspended.

Electronics and Electronics

Apple store - Fifth Avenue - Depositphotos

  • Apple - online store operations have been suspended, Apple Pay service for select banks is limited, the supply of products to the Russian market has been terminated; 
  • Samsung - temporarily suspended shipments of goods to Russia; 
  • Nokia, HP, Intel, Panasonic - all shipments of products and components were completely suspended; 
  • Microsoft - full suspension of operation and support of services and products in the Russian Federation.

Aviation 

  • Boeing, Airbus, Ambraer - suspension of service, aircraft and spare parts deliveries to Russia. Withdrawal of aircraft operated by Russian companies under leasing agreements. 
  • Lufthansa, KLM, Air France and other European and US airlines - flight cancellations to Russia. 

Other businesses 

  • Booking.com and Airbnb - companies have suspended operations in the Russian market. Local clients have been disconnected from reservation systems. Russian users can still book accommodation outside the country.
  • Netflix - all Russian content projects have been suspended. The service continues to work for Russian clients in full;
  • Megogo - ceased operations in Russia;
  • SAP - full suspension of operations in Russia; 
  • Universal, Warner Bros, Sony, Paramount, Disney - suspended new releases in Russia for an indefinite period.


More about shopping malls in Russia



TODAY, South Korea:
Hyundai Seoul got a central atrium with a 12-meter waterfall and natural lighting.
May 12, 2022, Malaysia:
The complex is home to more than 200 tenants selling authentic local goods.
Apr 29, 2022, Europe, Europe:
The store sells streetwear created in collaboration with designers such as Soho Grit, Alma de Ace, BAPE, Herschel, and Staple.
Apr 28, 2022, USA:
Nike and RTFKT have announced a new collection of Nike Dunk Genesis Cryptokicks sneakers.
Apr 27, 2022, USA:
Meta Store has the intention of demonstrating the possibilities of virtual reality devices, as well as dispelling the mystery around the concept of the math universe.
Apr 22, 2022, Brazil:
BR Malls Participacoes and Aliance Sonae Shopping Centers may merge to form Brazil's largest mall operator.
Friend
and Follow
Asheville Outlets GLA:325 000 SF
ADDRESS: 800 Brevard Road, Asheville, NC 28806
USA . Asheville
Asheville Outlets
Cabot Circus GLA:990 280 SF
ADDRESS: Glass House, Bristol BS1 3BX
United Kingdom . Bristol
Cabot Circus
Shopping City Süd GLA:1 862 156 SF
ADDRESS: Europaring 2334 Vösendorf
Austria . Vienna
Shopping City Süd
Mall of Scandinavia GLA:1 087 155 SF
ADDRESS: Evenemangsgatan 11 169 56 Solna
Sweden . Stockholm
Mall of Scandinavia


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us