Russia Approves ‘Parallel Imports’ After Top Brands Halt Sales

Russia Approves ‘Parallel Imports’ After Top Brands Halt Sales
A woman walks past a closed H&M store in Moscow, on March 3, 2022. Staff/Reuters
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Russia has authorised retailers to import products from abroad without the trademark owner’s permission, Prime Minister Mikhail Mishustin said on Wednesday, after global brands halted sales or stopped exports over Moscow’s military campaign in Ukraine.

Russia’s retail sector has been upended by Western economic sanctions and decisions by firms such as H&M, Apple and Nike to curb their activity in Russia.