All Russia articles – Page 5
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Article
Mandatory tagging of shoes will start in Russia on July 1st
There will be no further delays in the introduction of mandatory tagging of footwear products sold on the Russian market, said Victor Evtukhov, Deputy Industry and Trade Minister. All untagged shoes will be banned for sale in the country from July 1, he added. The tags consist of electronic chips ...
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Article
Up to half of Moscow’s shoe stores may not reopen
Between 35 to 50 percent of Moscow’s footwear stores are likely not to resume trading after the lifting of the lockdown in the Russian capital due to the impact of the economic crisis and online competition, according to the local think tank Fashion Research Group. Moscow introduced a lockdown on ...
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Article
Covid-19 will shake the Russian footwear market
The Russian footwear market is expected to suffer a double whammy consisting of higher prices, due to the depreciation of the ruble, and lower demand, stemming from the lockdown to combat the Covid-19 pandemic and economic hardship. The price of shoes is predicted to jump by 20 to 35 percent ...
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Article
Weak sales of winter footwear in Russia and Ukraine
Footwear retailers in Russia and Ukraine experienced a slump in sales because of abnormally warm weather this season. Sales in all categories of winter products plummeted by between 6 and 25 percent in Ukraine as compared to the previous winter, according to Igor Zabulonsky, general director of KarKat Fashion. ...
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