Hugo Boss decided to remain to Russian Federation. But will trade only in wholesale

The German concern Hugo Boss of AG intends to get rid from retail businesses to Russian Federation, but is reoriented on wholesale deliveries. About it on August 16 reports newspaper "Kommersant" with reference to sources in the market trade real estates. In Hugo Boss press service to the edition confirmed that company "reconsiders business structure to Russian Federation and looks for the decision corresponding to a business model of concern". In the report for the first half of the year 2023 the German concern notes that conducts negotiations on sale the assets and obligations. Hugo Boss closed shops and stopped online trade to Russian Federation in March, 2022. On...