British children's goods retailer Mothercare is suspending all activities in Russia, Reuters reports. Sales in all 120 retail stores will be suspended indefinitely.
"Mothercare informs that all activities in Russia, including the shipment of all products, have been suspended. Our local partner has confirmed that it will immediately suspend operations in approximately 120 stores and online,” the message reads.
Mothercare is a retail company that specializes in selling products for expectant mothers and children under the age of 10. The organization has more than 1,200 outlets around the world. As writes Gazeta.ru, Russia accounts for about 20-25% of its global retail sales.
Follow NEWS.am STYLE on Facebook, Twitter and Instagram
16:03, May 9
Armenia trip gives Tamlyn Currin ‘Drink Writer of the Year’ title15:26, May 9
First ever Robert De Niro Festival to be held in New York14:34, May 9
Keanu Reeves wants to direct the third part of the Speed franchise with Sandra Bullock12:16, May 9
Paris Hilton, Nicole Richie returning to reality TV11:18, May 9
Khloe Kardashian tells how she lost 36 kg10:55, May 9
Kim Kardashian as ‘broken Margiela doll’10:22, May 9
Kris Jenner reveals she has tumor21:11, May 8
World’s ex-richest man, Warren Buffett: Success isn't about money, it's about being loved by those you want to love20:26, May 8
Sylvester Stallone's watches, including ‘Holy Grail’ of his collection, to be auctioned19:27, May 8
New York's Times Square tops list of world’s worst tourist traps16:32, May 8
Horror movie to be made about Jesus’ childhood15:11, May 8
Khloe Kardashian speaks about problems she faced after birth of her son, Tatum