KYIV – Uniqlo owner Fast Retailing has decided to keep its 50 Russian stores open despite the growing number of brands and retailers turning their backs on the country following the invasion of Ukraine.
Company chairman, president and CEO Tadashi Yanai said he opposed the conflict but was quoted as saying: “Clothing is a necessity of life. The people of Russia have the same right to live as we do.”
Fashion brands closing stores in Russia or putting a halt on shipments to the country include Zara owner Inditex, Levi’s, Burberry, H&M, Hermès, ASOS, Boohoo, Marks & Spencer, Bestseller, LVMH, Kering and Chanel.
Already have an account? Log In
Recommended
Most Popular
Latest Magazine
Features
Why China’s new wastewater standard is only one part of a broader shift spanning environmental law
As Brussels switches on its product passport registry, fashion’s supply chain data gaps threaten a bumpy rollout
As green claims face closer regulatory scrutiny liability no longer sits solely with the brands
News
Preview of our Textile Standards & Legislation Guide
China’s strengthened rules make officials personally accountable for serious environmental damage
New process to strip reactive dyes from cotton could benefit textile-to-textile recycling
Opinion
European factory closures show costs, geography and demand decide which materials survive
Other publications from MCL News & Media
