Pedestrians walk past a Maag clothing store in central Moscow, Russia. Former Zara stores in Russia that used to belong to Spanish clothing conglomerate Inditex are to reopen under a new name, Maag, by June 1. The company sold its business in the country to Fashion and More Management DMCC registered in a UAE freezone. Apart from Zara, the new owner is also expected to reopen other former Inditex stores Pull&Bear, Bershka and Massimo Dutti, under new brand names Dub, Ecru, and Vilet, respectively. Inditex closed its outlets shortly after the start of Russia's military operation in Ukraine, later deciding to leave the Russian market.
- Package: Russia Rebranded Clothing Stores
- Categories: Economy, Business & Finance
- Location: Moscow, Russia
- Event date: 19.04.2023
- Date published: 19.04.2023
- Author: Pavel Bednyakov
- Credit: Sputnik
- Source: Sputnik
- Original: Digital
- Media: JPEG, 6330x4309px, 12.4Mb
- Job-ID: 2c99b0e0fb4f59a