All Ukraine articles – Page 2
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NewsCost of living to climb again as more sanctions imposed on Russia
Cuts to imports of Russian oil and gas by Western countries in protest against the invasion of Ukraine will put further pressure on consumer finances.
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NewsUniqlo defends decision to remain open in Russia
The parent company of Japanese fashion brand Uniqlo has vowed to continue its operations in Russia as a wave of other companies temporarily suspend sales and shut stores.
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NewsIkea closes Russia stores and halts sourcing from Belarus
Ikea has closed its stores in Russia and parent company Ingka Group has paused all imports and exports in and out of the country and Belarus in response to Russia’s invasion of Ukraine.
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NewsH&M and Boohoo suspend sales in Russia
H&M and Boohoo are the latest fashion retailers to stop sales in Russia and Ukraine following the invasion.
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NewsAsos suspends business with Russia following Ukraine invasion
Online fashion giant Asos has suspended sales to Russia in the wake of outrage over the invasion of Ukraine.
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AnalysisAnalysis: How Ukraine crisis will impact food prices, petrol and confidence
As the world watches in horror at the unfolding Russian invasion of Ukraine over the last few days, the war will only increase pressure on UK retail in an already inflationary environment.
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OpinionComment: Should retailers worry about the Russian currency crisis?
Russia is facing yet another currency crisis as the rouble has been depreciating drastically this year.
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NewsNew Look exits Russia and Ukraine amid political uncertainty
New Look will exit Russia and Ukraine due to concerns over the political situation there, and will instead focus international efforts on China.
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AnalysisAnalysis: Has Marks & Spencer at last turned the corner?
Last week’s interims gave grounds for optimism that M&S is getting back on course, but the retailer is not quite there yet.
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NewsInternational retailers Auchan and Metro strike joint buying partnership
German giant Metro and French powerhouse Auchan have struck a joint purchasing partnership designed to make the most of their strength when negotiating with suppliers.
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OpinionComment: Recognising global retail’s ripple effect
The Ukraine crisis has starkly highlighted the pitfalls of international retail both abroad and at home.
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News
French retailer Auchan gets green light for Real hypermarkets acquisition
French retailer Auchan has been given the green light for its acquisition of Metro Group’s Real hypermarkets in Ukraine, along with its property division.Metro Group only has two Real stores in Ukraine, one in Kiev and the other in Odessa.
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AnalysisInternational analysis: Auchan agrees Real deal for central Europe growth
Last week, Metro Group revealed it had sold its Real hypermarket business in Poland, Romania, Russia and Ukraine – including real estate assets – to French grocer Auchan for e1.1bn (£893.4m).
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News
Auchan to continue development in Ukraine
French retailer Auchan is to continue its development in the Ukraine without the support of joint venture partner Furshet.Furshet became Auchan’s Ukraine partner in 2007, setting up two companies to develop a hypermarket group and a series of shopping malls.
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News
Auchan unveils plans to open two hypermarkets a year in Ukraine
Each store will require an investment of about E20m (£16.1m).The French retailer said as many as 10 stores could eventually be opened in the capital Kiev, and two are planned for 2014. It is also targeting cities such as Donetsk, Kharkiv and Odessa.No openings will take place next year because ...
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News
Euroset withdraws from Ukrainian market
Russian mobile phone retailer Euroset has withdrawn from the Ukrainian market, closing all its stores.Euroset has been reducing stores numbers in Ukraine since 2009. The biggest disposal was in the summer of 2010 when the company shut 150 shops. In December 2010, Euroset had 275 stores in the country and ...
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News
Metro launches cash and carry concept in Ukraine
Metro Group has launched a new, small-sized cash and carry concept in Ukraine, called Metro Baza.The first store is located in Kremenchuk, on the rented premises of Prostor trade centre. Metro Baza has a sales area of about 21,500 sq ft and offers a narrow range of about 2,000 items. ...
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