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Russian copycats fill market gaps left by western brands

Local lookalikes in Russia are replacing departed western brands ranging from Ikea and Zara to McDonald s and Starbucks. Find out more here. ....

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Ukraine's effort to isolate Russia's economy through 'International Sponsors of War' list

Apart from being beloved sweet treats, these products are manufactured by companies that were named “international sponsors of war” by Ukraine’s National Agency on Corruption Prevention (NACP) for fuelling Russia’s economy and its war effort against Ukraine. While some multinational corporations left Russia following the full-scale invasion in 2022, many stayed behind. Household names such as Unilever, Nestlé, and Mondelez offered a range of excuses for their continued presence in Russia. ....

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Russian copycats fill market gaps left by western brands

LONDON: When Swed House first launched in winter 2021, the “Scandinavian-style” homeware brand of Belarusian entrepreneur Murat Shagylydzhov was one of many local businesses operating in. ....

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These Western liquor companies said they stopped doing business in Russia. But the booze keeps flowing

Jim Beam bourbon and Macallan Scotch whisky are still being imported by the team that marketed them in Russia before the war in Ukraine, a POLITICO investigation finds. ....

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Billions of dollars in western profits trapped in Russia

Businesses from ‘unfriendly’ countries have amassed more than $18bn in earnings since the start of the invasion of Ukraine ....

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