Chanel, Louis Vuitton, Prada, and Other Luxury Brands Suspend Business in Russia

As Vladimir Putin’s war on Ukraine continues, global businesses, including large fashion brands and retailers, are responding by suspending or eliminating their activity in Russia. High-fashion brands Chanel, Louis Vuitton, Gucci, Hermès, Prada, and Burberry all announced they are temporarily discontinuing business in Russia. Prada shared the announcement yesterday on its . “From today, the Prada Group suspends its retail operations in Russia. Our primary concern is for all colleagues and their families affected by the tragedy in Ukraine, and we will continue to support them,” the statement read. Chanel also said on that it is closing its boutiques in… Read Full Article