And now everything in Russia is contributing to the booming of parallel market

And now everything in Russia is contributing to the booming of parallel market

Luxury brands have closed shops and stopped operations in Russia. This could be an incentive for the growth of the already flourishing parallel and grey market. Counterfeiting could also flourish, as the Russian authorities are very likely to ignore any legal demands from brands in hostile countries. The demand for luxury goods by rich Russians,…

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