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The French luxury ‘giants’ have decided to join other firms by announcing that they will suspend sales in Russia, due to the war in Ukraine.
Louis Vuitton, Birkin Hermes, Chanel and Kering have decided to temporarily close their stores in Russia.
Expensive bag maker Birkin Hermes and Swiss owner Cartier Richemont were among the first firms to announce they would ban business in Russia.
LVMH, which owns brands such as Christian Dior, Givenchy and Bulgaria among others, will close its 124 boutiques in the country from today.
We can not leave without mentioning Kering, which is the home of Gucci and Saint Laurent where he owns two stores.
The French firm said its decision was due to “growing concerns about the current situation in Europe”.
The way they have chosen to express their opinion about this Russian move is the temporary closure of their businesses.
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