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Agenda-setting intelligence, analysis and advice for the global fashion community.

How Would Sanctions Impact the Russian Fashion Market?

Some segments of the market would be more resilient than others if Western countries impose new sanctions on Russia over the Ukraine stand-off.
A model at the Vina show at the October 2021 edition of Mercedes-Benz Fashion Week Russia (MBFWR) in Moscow.
A model at the Vina show at the October 2021 edition of Mercedes-Benz Fashion Week Russia (MBFWR) in Moscow. (Kristina Revva - MBFWR)

As the US and European countries scramble to find a diplomatic solution to the stand-off with Russia over Ukraine, the world has grown increasingly concerned about a potential military escalation of the conflict. Heightened tensions between Russia and the West are also rattling investors on global stock markets.

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