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Of the 49 Japanese retailer stores in the Russian Federation, no one left. All R...

The Japanese Rheeler Uniqlo has finally left Russia - the media

Of the 49 Japanese retailer stores in the Russian Federation, no one left. All Russian Uniqlo staff is released with 11 salaries as a severance pay. The Japanese retail network of everyday clothes UNIQLO, which was in the 10th most beloved brands of residents of the Russian Federation, finally left Russia, stopping the business and terminating the lease agreements of premises for all their stores, Roszma reported.

This is confirmed by the owners of shopping centers, where there were retailer points that now occupy competitors. The head of the Retaile Department of Core. xp Marina Malakhatko told the press that all Russian staff, who worked on a Japanese company, released with 11 salaries. As for Japanese managers, they were transferred to other countries. Uniqlo is jointly owned by Fast Retailing and Mitsubishi Corporation, which is 75% and 25% respectively.

Fast Retailing Group reports that in the early 2022, 49 stores operated in Russia in Russia, at the end of January 2023 there were 27 of them, but they were all temporarily closed. According to the results of 2022, UNIQLO suffered more than $ 10 billion (approximately $ 100 million) through closed stores and warehouses that had to be paid. In the third quarter of 2023, the full closure of the business was stated.

Now UNIQLO products, including the collections of the last season, are sold on some Russian marketers. Journalists do not exclude that they got into Russia as part of the so -called "parallel import", but the assortment is limited because no one was at risk of importing whole lines. The uniqueness of Uniqlo products is that it has developed unique technologies for sewing jackets, denim products and knitwear.

According to Fashion Consulting Group Director, Anna Lebsak-Kleimans, this enables the Japanese company to create basic simple clothing with extended functionality, as well as to add natural fibers with cotton, Merinos wool, cachemery to their laconic products. Because of this, it is impossible not only in the Russian Federation but also in the world because of this, from the point of view of technology and prices.