The owner of Auchan will close the French retail network Kiabi clothes to Russian Federation

The French retail network the Kiabi clothes which owners possess also retailers of Auchan, Decathlon and Leroy Merlin, plans to close the shops to Russian Federation. In recent years the Russian business Kiabi was unprofitable the French brand of clothes, footwear and accessories of Kiabi plans to leave from the Russian market, told daily business newspaper "RBK daily" three sources in companies in the market trade real estates. In December representatives of the retailer began negotiations on conditions of preliminary cancellation of contracts rents with owners of shopping centers in whom Kiabi shops are located, told one of sources of daily business newspaper "RBK daily"...