Posts tagged Russia

  • Area News

    Longchamp reverses course in Russia

    The Russian division of French leather goods brand Longchamp went into liquidation on July 3, after its 135 m2 flagship inside Moscow's GUM department store closed down at the end of June, according to local media. Longchamp was contacted by FashionNetwork.com in Paris, but has declined to comment.

    2020 - Media Team Retailp.com

  • Area News

    Magnit opens two new stores as it seeks to boost online presence

    Magnit PJSC (MOEX and LSE: MGNT; the Company, Magnit), one of Russia's leading retailers, has opened two pilot warehouse stores in Moscow that only serve online orders - dark stores.

    2021 - Media Team Retailp.com

  • Area News

    IKEA temporarily closes its stores in Russia, halts sourcing in Russia, Belarus

    IKEA, the world's biggest furniture brand, is closing all its stores in Russia, and pausing all its sourcing in Russia and Belarus, following Russia's invasion of Ukraine.

    2022 - Media Team Retailp.com

  • Reports & Studies

    Russia expects 10-year record low of shopping centre completions in 2016

    According to CBRE, uncertain retailer demand as well as expensive and unavailable financing were the major reasons for lowered developer activity in Russia

    2016 - Media Team Retailp.com

  • Area News

    5Post launches its own network of parcel pick-up points

    Russia’s X5 Retail Group has announced that 5Post has launched its own parcel pick-up points in Pyaterochka stores.

    2020 - Media Team Retailp.com

  • Area News

    Elisabetta Franchi to open New York subsidiary

    The year 2018 marks two important milestones for Elisabetta Franchi, the Italian designer and founder of the eponymous womenswear label: she is celebrating her 20th year in business and will fête her 50th birthday, on December 8. But the label is also busy with major international expansion projects, in the USA, China and Russia.

    2018 - Media Team Retailp.com

  • Reports & Studies

    The decline in retail sales led to vacancy rate growth and fall in rental levels in Moscow shopping centres

    According to JLL estimates, vacancy rate on Moscow retail market has reached 8.3%, increasing by 0.8 pp. in Q4 2015 and by 2.3 pp. YoY respectively

    2016 - Media Team Retailp.com

  • Area News

    Magnit to shun 'big-box' stores

    Russia's second-biggest food retailer Magnit said on Wednesday it would not open any more hypermarkets and would focus on smaller stores to capitalise on customers' growing preference for neighbourhood shops.

    2018 - Media Team Retailp.com

  • Area News

    Fix Price extends presence in Russia's Far East

    Fix Price has announced the opening of its first store in Yuzhno-Sakhalinsk, on Sakhalin Island, extending its presence in Russia's Far East.

    2021 - Media Team Retailp.com

  • Area News

    X5 Retail Group opens 11,500th store in Russia

    a Karusel hypermarket located in the city of Samara.

    2017 - Media Team Retailp.com

  • Area News

    Swatch Group sees no big business impact from Russia crisis

    Swiss watchmaker Swatch Group does not expect a material negative impact on its sales or regarding access to raw materials following Russia's invasion of Ukraine, its Chief Executive said on Thursday

    2022 - Media Team Retailp.com

  • Area News

    Alibaba cedes control in Russia unit to form new JV

    China's largest e-commerce firm, Alibaba Group Holding Ltd , has ceded control of its Russian business to form a new venture with a state fund and two technology firms, hoping that access to their consumer base with help boost its development.

    2018 - Media Team Retailp.com

  • Area News

    Lenta completes 2017 expansion plan with 89 new stores

    Lenta is currently the largest hypermarket chain in Russia, and the country's fourth-largest retail chain overall.

    2018 - Media Team Retailp.com

  • Area News

    Max & Co expands in St. Petersburg

    The new shop has opened at the 'Gallery' shopping centre

    2018 - Media Team Retailp.com

  • Area News

    Lenta expands its retail portfolio

    Lenta, one of the largest retail chains in Russia, has opened two new hypermarkets in Saint-Petersburg.

    2020 - Media Team Retailp.com

  • Area News

    ECE takes over management of Russian shopping centre

    CE has taken over the management and leasing of yet another shopping center in Russia: Aura in Surgut, the sixth shopping center in the portfolio of ECE Russia.

    2016 - Media Team Retailp.com

  • Press Releases

    Armani Confirms Plans To Join Line-Up For Zsar Outlet Village, Finland

    Global fashion house Giorgio Armani is to join the line-up of leading brand tenants at the Zsar Outlet Village in Finland, when the centre opens next year.

    2017 - Pekka Lehtonen

  • Area News

    Russia's VTB sells part of stake in retail chain Magnit

    VTB said its stake in Magnit had decreased to 17.28 percent, adding that it still considered its investment in Magnit in February as a long-term move.

    2018 - Media Team Retailp.com

  • Area News

    Magnit continues its expansion in Russia

    Russian retailer Magnit has recorded a sales increase of 8.08% to RUB288.56 billion in its unaudited results for the first quarter of 2018, although like-for-like numbers show declines.

    2018 - Media Team Retailp.com