Japanese clothing chain Uniqlo has terminated the lease agreements of all its stores in Russia. newspaper reports vedomosti Referring to one of the partners of the Japanese company and the owners of the mall.
This is how Uniqlo completed its operations in the Russian Federation, Marina Malakhatko, head of the Core.XP retail department, told the publication. Japanese executives were transferred to other countries, while the company paid 11 salaries to each, laying off all of its employees, in addition to terminating their leases.
According to Vedomosti, the Lime retailer has now appeared in Europolis on Prospekt Mira, as well as Uniqlo stores in Atrium. Uniqlo facilities in Afimall City, Europe, Fort Otradnoye shopping centers and the building in Novy Arbat are leased by Gloria Jeans. Lady & Gentleman City – a Japanese store in Aviapark, Just Clothes appeared in Khimki instead of Megas and Teply Stan.
Bulat Shakirov, President of the Association of Shopping Centers, in August knowledgeableThere are about 10 Uniqlo stores remaining in Russia.
In March 2022, Fast Retailing Co., which operates the Uniqlo chain of stores, announced the suspension of its operations in Russia.
Karusel, formerly one of the oldest retail chains in Russia closed After 19 years of work.