Retail

French cosmetics manufacturer L'Occitane International SA increased its net profit to a record 241.9 million euros in the financial year 2022.

German Minister of Food and Agriculture Cem Ozdemir said that it is necessary to look for alternatives to the usual grain exports from Ukraine and an increase in food prices is expected.

German sports brands Adidas and Puma continue to accept orders for the supply of the 2023 collection from Russian retailers, Izvestia writes.

When iPhones are brought into Russia through parallel imports, smartphone prices will not rise too much, independent expert Alexander Anfinogenov said.

Service for the delivery of gasoline to the house appeared in Ukraine. It is reported by "Ukravtoprom".

The re:Store chain, which is part of Inventive Retail Group, IRG and is Apple's retail operator, has begun closing a number of stores in Russia.

Russian owners of shopping centers plan to replace foreign brands that have left the Russian market with Turkish counterparts, writes Hürriyet.

In Russia, it is necessary to establish a special working regime for returning Western companies in order to monitor product prices.

Russians began to visit shopping centers on average 15% less, said Dmitry Moskalenko, president of the Russian Council of Shopping Centers (RSTC).

The permit applies to photo and film equipment, medical instruments, musical instruments, XBox, Playstation consoles, as well as some brands of cosmetics and household chemicals.

Customers will be able to pay for purchases in Bitcoin, Ethereum, Litecoin, Shiba Inu, Dogecoin and other cryptocurrencies.

Director of the Department of Economic Cooperation of the Russian Foreign Ministry Dmitry Birichevsky called reports of a shortage of coffee in the country in connection with the sanctions horror stories.

Russia's special operation in Ukraine led to the fact that in the United States there was a record rise in food prices since the early 1980s.

Many foreign companies make false statements about their withdrawal from the Russian market, said Natalya Kasperskaya, chairman of the board of the Association of Software Developers "Domestic Soft".

Russia is the largest market in Europe, so abandoning it is hardly in the plans of foreign companies.