Latest News for: Russia brands

Edit

Diageo to wind down Russia operations by year-end

The Irish Times 29 Jun 2022
World’s largest spirits becomes latest brand to withdraw from Russia ... Diageo, the world’s largest spirits maker as well as the maker of Guinness, will wind down its business operations in Russia over the next six months, it said on Tuesday, becoming the latest Western brand to withdraw.
Edit

Diageo calls time on its Russian arm

The Times/The Sunday Times 29 Jun 2022
Diageo, the drinks company, will wind down its operations in Russia over the next six months, becoming the latest western brand to withdraw.
Edit

Diageo to wind down Russia operations by year end

RTE 29 Jun 2022
Diageo, the world's largest spirits maker, said it will wind down its business operations in Russia over the next six months, becoming the latest Western brand to withdraw from the country ... Once the process of winding down is complete, Diageo will have fewer than 10 employees in Russia, the source said.
photo: AP / Efrem Lukatsky
Ukrainian soldiers ride a self-propelled artillery vehicle Gvozdika in the Donetsk region, Ukraine, Friday, June 17, 2022
Edit

Russia demands Ukraine surrender as G-7 vows to make Moscow pay

The Jordan Times 29 Jun 2022
Russia claims its missile salvo was aimed at an arms depot — but none of the civilians who talked to AFP knew of any weapons store in the neighbourhood ... At their summit in the German Alps, the G-7 leaders did not go so far as to brand Putin a terrorist — but they vowed that Russia, already under tough sanctions, would face more economic pain.
Edit

Smirnoff vodka leaving Russia

Russia Today 28 Jun 2022
The UK-based owner of popular alcohol brands says it will wind down all business operations within six months ... Japanese automaker suspends production in Russia ... After fleeing Russia following the Revolution of 1917, the Smirnov family tried to establish the brand in several countries before settling in the US and eventually selling the company.
Edit

Major hotel chain quits Russia

Russia Today 28 Jun 2022
UK-based IHG (InterContinental Hotels Group), which owns brands including, Holiday Inn, Crowne Plaza and HUALUXE, is ceasing all operations in Russia ... The company has also been in talks with the owners of the 28 IHG-branded hotels in Russia regarding the future of the franchise contracts under which they operate.
Edit

Factbox-Companies sell their businesses in Russia

FX Empire 28 Jun 2022
Below is a list of firms by sector that have announced deals to sell their businesses in Russia ... Authentic brands group. Turkish shoe retailer FLO Magazacilik is in talks to buy more than 100 stores of the Reebok fitness brand in Russia, owned by the Authentic Brands Group, FLO chairman said on May 16, but added a deal had not been finalised.
Edit

Meet Natalia Zubarevich, a Russian Who Speaks Truth to Power

Wall Street Journal 28 Jun 2022
... West that its sanctions are a minor irritant for Russia ... Even the burgers at Russia’s new brand (Tasty & That’s It) are far better than the old McDonald’s on Pushkin Square.
Edit

Whirlpool to exit Russia, take $300-400m hit in Q2

RTE 28 Jun 2022
Since then, Western companies such as Cisco Systems and Nike have announced they would exit Russia ... Its manufacturing site in Lipetsk, Russia will continue to manufacture appliances under the Indesit, Hotpoint and Stinol brands after the deal closes, Whirlpool added.
Edit

Whirlpool to exit Russia, take $300 million-$400 million hit in second quarter

FX Empire 28 Jun 2022
(Reuters) – Whirlpool Corp has struck a deal to sell its operations in Russia to Turkish appliances maker Arçelik AS, the U.S ... Its manufacturing site in Lipetsk, Russia will continue to manufacture appliances under the Indesit, Hotpoint and Stinol brands after the deal closes, Whirlpool added.
Edit

Elevator maker Kone divests Russia business

FX Empire 28 Jun 2022
COPENHAGEN (Reuters) – Finnish elevator maker Kone said on Tuesday it will sell its business in Russia to local management for an undisclosed amount. The firm had already reduced its activities after Russia’s ...
Edit

Russia’s fashion industry looks for the silver lining

Indian Express 28 Jun 2022
Olga Sinitsyna, whose brand SCORA designs hats and accessories, said her business was just emerging from the shock of the pandemic when Russia’s military campaign began, sending the rouble tumbling and import prices skyrocketing ... “For Russia as a whole, it’s new ...
Edit

Diageo to \

Reuters 28 Jun 2022
... business operations in Russia over the next six months, it said on Tuesday, becoming the latest Western brand to withdraw.
Edit

Russia’s fashion industry faces uncertain future

Business Day 27 Jun 2022
Olga Sinitsyna, whose brand SCORA designs hats and accessories, said her business was just emerging from the shock of the pandemic when Russia’s military campaign began, sending the rouble tumbling and import prices skyrocketing ... “For Russia as a whole, it’s new possibilities,” she said, backstage after her brand’s runway show.
Edit

Best of the first Moscow Fashion Week (PHOTOS)

Russia Beyond 27 Jun 2022
Below are daring street-style models from the ‘DAS’ brand, inspired by the Kupala Night Slavic holiday ... Roscosmos (Russia’s Space Agency) showed off a collaboration with the DNK.Russia fashion brand in the VDNKh exhibition park ... 7 facts about Russia’s incredible top model Natalia Vodianova (PHOTOS).

Most Viewed

File - Former President of the United States Donald Trump speaking with supporters at a "Save America" rally at Country Thunder Arizona in Florence, Arizona.
Creative Commons / Gage Skidmore https://creativecommons.org/licenses/by-sa/2.0
NASA Curiosity Rover on Mars
NASA/JPL-Caltech/MSSS/Kevin M. Gill
×