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Russian Retailers, Hotels Emerge As World Cup Winners

Published on Jul 14 2018 10:00 AM in Retail tagged: Featured Post / Russia / World Cup / Paywall

Russian Retailers, Hotels Emerge As World Cup Winners

The World Cup has captivated host Russia for a month, proving a boon for the brewing and hotel industries while dampening spending on some expensive items and curbing trading on financial markets.

As well as the usual staples of the soccer fan -- beer and snacks -- the tournament also spurred domestic demand for loans for electronic appliances, primarily TV sets and smartphones.

Meanwhile, Russian car dealers will probably welcome the end of the party on Sunday after sales slowed last month.

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