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Swatch Group Halts Exports to Russia But Keeps Stores Open

Seastar 1000 wristwatches, produced by Tissot.
Seastar 1000 wristwatches, produced by Tissot.

Photographer: Gianluca Colla/Bloomberg

Swatch Group AG is halting exports to Russia but will keep its stores open to continue selling Omega, Longines and Tissot watches to Russian customers.

“We have put exports to Russia on hold because of the overall difficult situation,” a company spokesman said in an emailed statement. The company’s fully owned Russian affiliate and Russian stores remain operational.