Russia: latest retail news, insights and analysis | ESM Magazine

Imperial Brands Says No 'Buyback' Clause In Russia Exit

Imperial Brands has said that the terms of its recent exit from Russia did not include a clause allowing it to buy back its business there in future, in co...

Coca-Cola HBC Mulls Options For Russian Business, Q1 Sales Up

Soft drinks bottler Coca-Cola HBC has said it will evaluate all options for its Russian operations and have a smaller presence in the country, focussing on...

Japan Tobacco Considers Sale Of Russian Operations

Japan Tobacco (JT) is considering selling its Russian operations after suspending investment and marketing activities in the country last month following M...

Imperial Brands Sells Russian Business

Imperial Brands has announced the transfer of its Russian business to investors based in Russia, subject to finalisation of the registration of the transac...

Philip Morris Sees Earnings Impact From Ukraine War

Marlboro maker Philip Morris International Inc cut its full-year earnings forecast on Thursday, hurt by the pullback of its Russian operations, higher cost...

Procter & Gamble Says May Be Unable To Operate In Russia

Household goods maker Procter & Gamble Co said in a securities filing that it may not be able to stay in business in Russia because of sanctions, restr...

Germany's Henkel To Close Business In Russia

Henkel will close its business activities in Russia due to the country's invasion of Ukraine, the German consumer products maker said, adding it would keep...

Mondelēz, Nestlé, Pepsi Face Pressure From European Employees Over Russia

Oreo-maker Mondelēz, Nestlé and PepsiCo are facing pushback from workers in Ukraine and eastern Europe angered by the companies' decisions to mainta...