Britain’s Next closes Russia operations -Breaking
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© Reuters. FILE PHOTO: A emblem of clothes retailer Subsequent is seen at a retailer in London, Britain, December 2, 2021. REUTERS/Might JamesLONDON (Reuters) – British clothes retailer Subsequent is to shut its Russian operations following Russia’s invasion of Ukraine, becoming a member of a rising record of corporations shunning the nation.
Subsequent has informed workers at its Russian distribution hub, which fulfils Russian on-line orders to Russian clients, that over the following few days, it is going to be winding down the operation in an orderly means and the web site will probably be closed, a spokesperson for the corporate mentioned.
Bulk replenishment inventory transfers from the UK to the Russian hub stopped final week.
Russia represents a tiny proportion of Subsequent’s general gross sales.
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