Online company Lamoda is renting buildings previously occupied by Germany’s Adidas in Russia. It is reported that in the future, products of other brands will be sold in addition to Adidas products in the Lamoda Sport store chain. RIA News.
Deputy Minister of Industry and Trade of the Russian Federation Viktor Evtukhov said that the platform notified the Ministry of Industry and Trade and that the first stores in the area where the former Adidas retail outlets are located are planned to open before the end of the year.
“Our company plans to open its first stores by the end of this year, and a total of 300 more stores will be opened in 3 years. Some of those preparing for the opening are the old stores of a foreign brand, which closed its own store in 2017. Russia,” the deputy minister added.
Last March, German fashion manufacturer Hugo Boss AG decided Close stores in Russia. The company stated that this decision was taken due to the events in Ukraine.
Before this, foreign retail platforms Mr Porter, Yoox and The Outnet announced the suspension of sales to Russian buyers. A similar situation occurred with Hermes, Louis Vuitton, Mango, Nike, Adidas, Puma H&M, Inditex and other fashion brands.
Previously “socialbites.ca” reportedValentino said the fashion house will turn off the lights in its boutiques at night.