Moscow March 5 2022: Zara will close all of its 502 clothing stores in Russia from tomorrow, its owner Inditex says.
The global fashion business will close all stores of its eight brands: Zara, Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, Zara Home, and Uterqüe.
Inditex tells the BBC it’s drawing up a plan to support its 9,000 Russia-based employees while services are “temporarily” suspended.
Meanwhile, Samsung – the leading supplier of smartphones in Russia, ahead of Xiaomi and Apple – will suspend shipments to the country “due to current geopolitical developments”.
It is unclear if Samsung’s shops will close.
And online payments company Paypal has also shut down services in Russia, condemning the country’s “violent military aggression”. It says it will support withdrawals “for a period of time”.
Ukrainian government officials had been calling on PayPal to quit Russia and help them with fundraising.
