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UNDERSTAND AND FORGIVE? PROCEEDINGS TO RECOVER 1.1 BILLION FROM ZARA HAVE BEEN DISCONTINUED

... this may be due to the fact that the company has abandoned the claim. Earlier it became known that over 30 lawsuits have already been filed by Russian shopping centers against Inditex group companies. Store owners are required to pay fines for idle shops since March and rent arrears. Among the largest is the lawsuit of the shopping center in Samara against Zara CIS for over 512 million. The same company filed a lawsuit against Bershka CIS for more than 240 million rubles.

Why have the prices of goods increased in Russia?

Over the past month, a significant increase in prices for goods has been noted in various trade segments. This applies to both clothing and footwear, as well as perfumes, cosmetics and even personal care products. But what is the reason if many goods were not purchased, but stored in warehouses? Since the end of February, prices for a large number of goods from different categories began to rise in Russia at once. First of all, this is due to the difficulties that the sellers themselves faced:...

Experts predict liquidation of 20% of clothing stores in Russia

The pandemic, which reoriented the Russian consumer to online shopping, revealed a number of trends in the clothing market. Experts point out that one of them is conscious consumption. This trend, in their opinion, can ‘bury’ up to 20% of the current clothing market by 2035. Alexey Bazhenov, the head of the NTI WearNet group, made a similar forecast. According to the expert, in 2020-2021, about 40% of clothing stores, which did not have time to adapt their business to e-commerce technologies,...

ONLY VACCINATED CUSTOMERS WILL BE ALLOWED TO ENTER SUPERMARKETS

Regional ombudsmen for the protection of the rights of entrepreneurs supported the introduction of ‘covid-free’ shops, pharmacies and shopping centers. It is assumed that this will speed up the process of vaccination of the population. According to TASS, business ombudsmen consider this idea promising. However, it is noted that the creation of a ‘covid-free’ ...

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