Business

Britain’s Next closes Russia operations

A logo of clothing retailer Next is seen at a store in London
FILE PHOTO: A logo of clothing retailer Next is seen at a store in London, Britain, on December 2, 2021. REUTERS/May James

March 7, 2022

LONDON (Reuters) – British clothing retailer Next is closing its Russian stores in the wake of the Russian invasion of Ukraine, joining a growing list of companies avoiding the country.

Next has told employees at its Russian distribution center, which fulfills Russian online orders to Russian customers, that it will be operating properly and shutting down the website in the next few days, a company spokesman said.

The movement of bulk stock from the UK to the Russian hub was halted last week.

Russia accounts for just a tiny percentage of Next’s total sales.

(Reporting by James Davey, Editing by Elizabeth Piper)

https://www.oann.com/britains-next-closes-russia-operations/?utm_source=rss&utm_medium=rss&utm_campaign=britains-next-closes-russia-operations Britain’s Next closes Russia operations

Caroline Bleakley

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