G7 leaders restate support for Ukraine after video meeting with Ukrainian president
conflict is impacting consumers and the fashion industryas part of a backlash against Moscow’s decision to send troops into Ukraine, leaving their domestic competitors to take centre-stage.
While China, Bangladesh, Belarus and Turkey all continue to provide mass-market clothes and materials to Russia, Italy is taking part in European Union sanctions that make trade at the luxury end very difficult. The rouble has since bounced back, “but logistics are 10 times more expensive”, she said, adding that she had been left with no choice but to increase her prices.You have to understand that everything you see here is not made from Russian raw materials.
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