Japanese fashion brand Uniqlo has announced its exit from Russia after earlier saying it would continue operations, which drew widespread criticism amid global enterprises quitting en masse as a retaliatory action against the war in Ukraine.
“While continuing our UNIQLO business in Russia, it has become clear to us that we can no longer proceed due to a number of difficulties. Therefore, we have decided today to temporarily suspend our operations,” Fast Retailing, the parent company of Uniqlo, said in a statement on March 10.
