Tag: Ikea

No Ikea Shelves, No Levis: The Western Retail Exodus From Russia Is On

No Ikea Cabinets, No Levis: The Western Retail Exodus From Russia Is On

Ms. Townsend stated that luxurious manufacturers might also be nervous about promoting in Russia as a result of, more and more, most of the wealthiest folks within the nation were subject to sanctions. “Sometimes, once you go in to spend some huge cash on a really costly luxurious model, you don’t count on the shop

Ikea and T.J. Maxx Halt Russia Operations

Ikea and TJX, the proprietor of T.J. Maxx and Marshalls, grew to become the newest retailers to halt enterprise operations in Russia, becoming a member of the rising variety of Western corporations condemning the nation’s invasion of Ukraine. Ikea said on Thursday that it will pause all exports and imports to and from Russia and