FIRST Foreign Companies Returning to Russia

FIRST Foreign Companies Returning to Russia

Recently, Ariston, a producer of Italian water heaters and heating equipment, whose assets were previously administered by the domestic company, returned to Russia. We understand what other brands can continue to work in the near future.

Victoria’s secret. Photo: Getty Images

Today, Victoria’s Secret has offered two applications to save a trademark in Rospatent to prevent cancellation due to lack of use. The document states that the company plans not only to sell underwear, but also to produce sportswear, cosmetics and other goods.

The South Korean company LG Electronics launched its Russian facility in order to control and prevent the abrasion. The company stressed that the sale of the Russian branch did not stop and that a trial restart was created to maintain the status of production capacity. CEO Cho Zhu Wan said that the company is closely monitoring the situation and can continue to work in the near future. Korea Times, Hyundai Motor and Samsung also think of the possibility of returning.

Samsung. Photo: Getty Images

In the meantime, Zara, Massimo Dutti, Bershka, Stradivarius, Oysho and Pull & Bear brands of the Inditex group about the possible negotiations of the Russian market information about coming to the Russian market. However, as experts point out, it depends on the improvement of international relations affecting logistics and payments. In addition, there are difficulties with high competition and a limited number of retail space.

According to the results of the study on the Webbank online platform, it should be noted that consumers are most expected to return to IKEA and Samsung ranks second, Apple and completed five Nike leaders.

Source: People Talk

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