Social Media Twitter Facebook Linked In RSS Feed Podcasts

KYIV – Uniqlo owner Fast Retailing has U-turned on its decision to keep stores in Russia open, citing “a number of difficulties” including the worsening of the conflict with Ukraine.

Earlier this week, company chairman, president and CEO Tadashi Yanai insisted its 50 stores in Russia would remain open. He said: “Clothing is a necessity of life. The people of Russia have the same right to live as we do.” 

Just days later, as Russia’s invasion goes on, he’s decided to temporarily suspend operations in the country, and said “we wish for the return of peace and stability as quickly as possible”.

Why Subscribe ?

Back Issue Archive
Other Publications from MCL News & Media

Interested in advertising?

Simply give us a call

Sales: +44 1977 708488

Or if you prefer email, click on the button below and we'll get back to you asap