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Burberry, H&M Scale Back Russia Business After Invasion

  • Fashion brands take action as Ukraine conflict escalates
  • Asos says it’s neither ‘practical nor right’ to sell in Russia


Photographer: Chris Ratcliffe/Bloomberg

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Fashion retailers Hennes & Mauritz AB, Burberry Group Plc and Boohoo Group Plc are curtailing operations in Russia after its invasion of Ukraine, with the Swedish clothing chain expressing concern about “tragic developments” there.

H&M is pausing all sales in Russia after shutting stores in Ukraine for safety reasons, it said late Wednesday. Burberry has halted shipments to the country until further notice due to “operational challenges,” according to a spokesman. The U.K. luxury brand has two stores and one concession in Russia, which have remained open for now.