Inditex, which also includes popular mass-market chains Zara and Bershka, plans to restart its activities in Russia. It is reported by TASS with reference to the EFE agency.

According to Inditex CEO Oscar Garcia Maceiras, the company is monitoring the situation in Ukraine and plans to return to the Russian market “as soon as possible and if conditions permit”. Maceiras did not explain exactly what he was talking about.

In early March, due to the Russian military special operation in Ukraine, Inditex suspended its business in Russia and closed its stores – a total of about 500 stores. In addition to Inditex, Zara and Bershka, Massimo Dutti, Stradivarius, Czech and Bear and Oysho.

Vladimir Putin said today at the ANO Supervisory Board meeting “Russia – Land of Opportunity” that the departure of Western brands should not be a problem for the market.

said the president.

Along with Inditex, many other mass-market brands have temporarily left the Russian market, including H&M, Uniqlo, Mango and luxury conglomerates. Russians began to encounter problems when buying luxury goods abroad. The most resonant was the case of Chanel, in which they refused to serve residents of the Russian Federation and did not sell products more expensive than 300 euros, citing sanctions restrictions on the import of luxury goods. This led to backlash and protests. As Laura Dzhugeliya reported on her telegram channel, it finally paid off. Citing his sources, Jugelia said that at least in Spain, boutiques currently sell goods to Russians for up to 10,000 euros, but are exempt from tax.