Swarovski will finally leave the Russian market

According to the CEO of Swarovski, Alexis Nazard, the company can no longer support activities that have been frozen since March last year. The head of the company did not name the terms of his full departure from the country. However, he indicated that the process would be "organized and conducted in accordance with all applicable laws, including economic sanctions and other trade restrictions."

On March 4 last year, it became known that the Austrian brand had stopped selling its products in Russia. Before that, IKEA and Danish IKEA — Jysk announced that they would not work in Russia.