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Swarovski completely curtails its Russian business
Region
- 15 June, 2023
- 05:58
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CEO of the Austrian company Swarovski, Alexis Nasard, said that the company completely curtailed its Russian business, Report informs referring to the Austrian Press Agency (APA).
“According to Nasard, the complete withdrawal of Swarovski from Russia announced this year has already ended,” the agency notes.
After February 24, 2022, Swarovski closed all 12 retail stores in Russia and stopped online sales, but didn’t completely close the business in the country. In March 2022, Swarovski temporarily closed its stores in the Russian Federation and suspended the online sale of its products.
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