Uniqlo says still suspends Russian outlets

TOKYO, Oct 21 (PRIME) -- Fast Retailing, the Japanese owner of Uniqlo clothes brand, still suspends its activities in Russia, a company representative told PRIME on Friday.

"Fast Retailing suspended operations of Uniqlo Russia in March, and this status remains unchanged,” the representative said.

“Since there is no prospect for resumption of operations in a foreseeable future, we closed three stores."

Business daily Vedomosti reported that Uniqlo is cutting the number of outlets in Russia. Two retail property consultants told the daily that the company is closing its outlets mainly in the regions.

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