Fashion Consulting Group news and trends

Russian Retail Slides, And Global Brands Flee

September 10, 2015
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Russian Retail Slides, And Global Brands Flee

September 10, 2015
As Russia’s roughly $33 billion (that’s 2.3 trillion rubles) fashion market shrinks by as much as 20 percent this year, some fashion heavyweights may end up leaving the country, The Business of Fashion reported Wednesday (Sept. 9). Research firm Fashion Consulting Group said in a report that the depreciation of the ruble against any number of […]