Some of the brands have already closed their stores. TASS was told about this by the consulting company CMWP.
“Among the brands that are in the process of closing a chain of stores, as of the end of March this year: Russian fashion brands Mollis, Urban Vibes, YOLLO, as well as one German one – Bugatti. Among the brands of children’s goods, the Russian Orby is in the process of closing, and Pelican is moving online, currently only one retail outlet of the brand is operating. Earlier it was reported that Russian fashion brands Modis, Zenden and Kovik are also going to leave the Russian market,” said a TASS source.
Russian brands are in the process of optimization: Desport, Motherbear, Domotekhnika and Cats & Dogs. Earlier, Gloria Jeans also reported that it was cutting down stores. At the same time, Cosareve and Pink Punk suspended work – their fate has not yet been determined. And M’Studio and Face code closed completely in 2026.
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