Japanese clothing chain reported to be seeking buyer for 50-store operation
TOKYO: The Japanese clothing brand Uniqlo has decided to leave Russia after suspending its operation there last year, paving the way for a sale of the business, the Izvestia newspaper quoted Russia’s deputy trade minister as saying.
The Uniqlo owner Fast Retailing suspended operations in Russia in March 2022, joining scores of international companies, after Moscow sent troops into Ukraine in what it dubbed a “special military operation”.
Deputy Minister of Industry and Trade Viktor Yevtukhov said the company had…
