Asian Outlets Rush To Fill Vacuum Left by Western Stores Departing Russia
By sweN TR
Some Indian retailers are preparing to enter the Russian market, after giant brands like Zara, H&M and Ikea have decided to leave the country.
Four Indian companies, including Killer Jeans and the Maspar furnishing stores, have signed preliminary agreements with Russian firms.
The Russian Council of Shopping Centers has also expressed an interest in inviting Iranian clothing chains to fill vacant market niches.
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