M&S halts shipments to Russian franchise
Business
10:45 04 Mar, 2022
Marks & Spencer is rethinking its business relationship with Russia
Marks & Spencer is the latest major brand to rethink its business relationship with Russia - it has ordered a halt to shipments to its Russian business run by Turkish franchise partners.
M&S has more than 40 franchise-run outlets in Russia, with most of them based in Moscow.
Qazet.az reports that M&S joins a wide variety of companies, including Apple, Jaguar Land Rover, H&M and Burberry, who are pausing activities in Russia over concerns about the invasion of Ukraine.