RUSSIA’S CLOTHING MARKET WITHSTANDS IMPACT OF UKRAINE INVASION, BY
September 27th, 2023
With western clothing brands and retail outlets quitting Russia following the country’s invasion of Ukraine - killing 9,614 civilians (UN figures) and killing or wounding almost 500,000 soldiers (US government estimates) - clothing exports to Russia from nearby Türkiye have been growing steadily, with some increase in Russian production. Rebranding and sales of western labels have also changed the Russian clothing market.
Initially, western sanctions imposed on Russia after the invasion depressed Turkish garment exports, with order cancellations reaching ...
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