The Finnish company Reima, which produces children’s clothing, has entered into an agreement to sell its Russian assets to a local operator. In this respect reported on the organization’s website.
Reima’s exit from Russia is complete as Reima’s subsidiary in Russia has been sold to a local operator.
Reima’s own stores in Russia closed in March 2022. At the same time, the use of the Reima brand by franchise entrepreneurs ended in June. Now the company’s staff in Russia has started working for the new owner. The subsidiary Reima LLC will also change its name in accordance with the terms of the contract.
February 26 newspaper “Izvestia” WroteHe reported that nearly 20 clothing brands from Iran are preparing to enter the Russian market. According to the publication, the suppliers have already started negotiations with the Ministry of Industry and Trade and shopping center managers. It was noted that one of the manufacturers signed a contract worth 15 million dollars.
Prior to this, the Minister of Foreign Affairs – Deputy Minister of Industry and Trade of the Russian Federation, Viktor Evtukhov, said that clothing manufacturers from Russia will be able to replace the goods of the Japanese brand Uniqlo without much difficulty if they nevertheless decide to leave the Russian market. .