Major luxury brands walk away from the lucrative Russian market
![Hermes, Chanel, Gucci, etc .: Luxury brands ban sales in Russia - Fashion News](https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2022/03/09/f1d85b55-cc6c-44e9-b1f2-ac04a56efebe_3b9dada7.jpg)
4 luxury French fashion giants stopping business with Russia
![Hermes, Chanel, Gucci, etc .: Luxury brands ban sales in Russia - Fashion News](https://upload.wikimedia.org/wikipedia/commons/thumb/e/e8/Sherbrooke%2C_Canada_%28Unsplash_S2sWHoVZF8s%29_%28cut%29.jpg/640px-Sherbrooke%2C_Canada_%28Unsplash_S2sWHoVZF8s%29_%28cut%29.jpg)
Fur clothing - Wikipedia
![Hermes, Chanel, Gucci, etc .: Luxury brands ban sales in Russia - Fashion News](https://api.theins.ru/images/bUSc-ARLPAZvnjGHpVo6RZDI6EnJHhpyxOTyXxi3GMQ/rs:fill:368:478:0:0/dpr:2/q:80/bG9jYWw6L3B1Ymxp/Yy9zdG9yYWdlL2Nv/bnRlbnRfYmxvY2sv/aW1hZ2UvNjUzOC9m/aWxlLTAxNjRkNDZj/YWE5MzFlMzI1NmQ3/Yjg5YTRmNmNhZTE3/LmpwZw.jpg)
The rich are crying again. Russia's luxury segment hit painfully
Luxury Giants LVMH, Kering, Hermès, and Chanel Close Stores in Russia
![Hermes, Chanel, Gucci, etc .: Luxury brands ban sales in Russia - Fashion News](https://cdn.i-scmp.com/sites/default/files/styles/700x400/public/d8/images/canvas/2022/03/09/bbd38dd3-ae29-47a6-9603-cce09c8f2162_7055cc07.jpg?itok=DqR17kbS&v=1646811571)
4 luxury French fashion giants stopping business with Russia
![Hermes, Chanel, Gucci, etc .: Luxury brands ban sales in Russia - Fashion News](https://www.diffbot.com/assets/img/insights/sanctions-ogimage.jpg)
Diffbot Tracking Every Sanction Reported in the News with AI
![Hermes, Chanel, Gucci, etc .: Luxury brands ban sales in Russia - Fashion News](https://luumawards.com/wp-content/uploads/2022/10/WINNERSLuum2022.png)
News - Luum Awards
![Hermes, Chanel, Gucci, etc .: Luxury brands ban sales in Russia - Fashion News](https://www.luxury-shops.com/media/weltpixel/owlcarouselslider/images/b/a/banner-chanel-bag-m.jpg)
LUX I Authentic Designer Consignment I New, used and vintage
![Hermes, Chanel, Gucci, etc .: Luxury brands ban sales in Russia - Fashion News](https://hips.hearstapps.com/hmg-prod/images/gettyimages-1207950158.jpg)
Chanel, Prada, and Other Luxury Brands Suspend Business in Russia
![Hermes, Chanel, Gucci, etc .: Luxury brands ban sales in Russia - Fashion News](https://s.yimg.com/uu/api/res/1.2/xA.8TD3GEfP68yObGMZwog--~B/aD0yNjc7dz00NzQ7YXBwaWQ9eXRhY2h5b24-/https://s.yimg.com/hd/cp-video-transcode/prod/2022-03/08/622783bc2ff034282b44fb2d/622783bc2ff034282b44fb2e_o_U_v2.jpg)
Major luxury brands walk away from the lucrative Russian market
![Hermes, Chanel, Gucci, etc .: Luxury brands ban sales in Russia - Fashion News](https://www.thefashionlaw.com/wp-content/uploads/2022/03/Screen-Shot-2022-03-03-at-7.27.18-AM.png)
Doors Remain Open, as Consumers in Russia Panic Buy Luxury Goods
![Hermes, Chanel, Gucci, etc .: Luxury brands ban sales in Russia - Fashion News](https://ichef.bbci.co.uk/news/976/cpsprodpb/143D/production/_123518150_gettyimages-1028240192.jpg)
French designer giants suspend sales in Russia - BBC News