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Bangkok Post
Bangkok Post
Business

Uniqlo latest big brand to quit Russia

The Uniqlo logo is displayed outside a branch of the casual clothing chain in Tokyo. (Reuters File Photo)

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”.

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