The owner of Cropp and Reserved has closed all stores in Russia

All operational actions to close the stores have been completed, the company said
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Sanctions against Russia in general and the Urals in particular

Polish retailer and clothing manufacturer LPP Group, which owns the brands Reserved, Cropp, House, Mohito and Sinsay, is closing all stores in Russia. This is stated in a statement on the website of LPP Group.

“The Polish garment company has completed the operational actions needed to close stores in Russia, and today closed the last of them. <…> As of tomorrow, all LPP brand stores will be closed on the Russian market, ”the company said in a statement.

Earlier, Russia launched a special operation in Ukraine on denazification and demilitarization. Because of this, the West imposed sanctions on Russia, and foreign companies began to temporarily close stores. H&M, Zara, Nike, Calvin Klein and Tommy Hilfiger have already announced their departure. Deputy Prime Minister Alexander Novak has offered foreign companies to return or sell their stake.

Sanctions against Russia have been in place before, but have intensified due to actions to denazify Ukraine. Russian President Vladimir Putin believes that the purpose of these sanctions is to discriminate against Russia. “I am talking about the progressive discrimination of everything related to Russia, about this trend, which is unfolding in a number of Western countries – with full connivance, and sometimes with the encouragement of the ruling elites,” – said the Russian leader.

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Polish retailer and clothing manufacturer LPP Group, which owns the brands Reserved, Cropp, House, Mohito and Sinsay, is closing all stores in Russia. This is stated in a statement on the website of LPP Group. “The Polish garment company has completed the operational actions needed to close stores in Russia, and today closed the last of them. <…> As of tomorrow, all LPP brand stores will be closed on the Russian market, ”the company said in a statement. Earlier, Russia launched a special operation in Ukraine on denazification and demilitarization. Because of this, the West imposed sanctions on Russia, and foreign companies began to temporarily close stores. H&M, Zara, Nike, Calvin Klein and Tommy Hilfiger have already announced their departure. Deputy Prime Minister Alexander Novak has offered foreign companies to return or sell their stake. Sanctions against Russia have been in place before, but have intensified due to actions to denazify Ukraine. Russian President Vladimir Putin believes that the purpose of these sanctions is to discriminate against Russia. “I am talking about the progressive discrimination of everything related to Russia, about this trend, which is unfolding in a number of Western countries – with full connivance, and sometimes with the encouragement of the ruling elites,” – said the Russian leader.

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