Richemont, Tiffany and Bulgari, specialized in the production and sale of luxury items, and suffered significant financial losses after full or partial closure of the boutiques in Russia. Reporting this RBC.
Thus, Richemont revenue in Russia from 2021 to 2024 fell from 23.8 billion rubles to 1 billion rubles, Tiffany – 0.7 billion rubles from 4.6 billion rubles, from 0.4 billion rubles to 0.4 billion rubles.
Currently, Richemont has two boutiles in the Russian Federation, Tiffany has one, Bulgari has no single one. All three companies and “Alternative Methods and Trade Directives”, including exports to EAEU countries.
May 3, Vice President of the Economic Policy Council Committee Ivan Abramov announcedThat some foreign companies are preparing to return to Russia, registering logos and rights.
Previously McDonald’s Turned Rospatent for saving a trademark in Russia.
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Source: Gazeta
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