Russian luxury market thrives despite sanctions through shadow networks, FT
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Russian luxury market thrives despite sanctions through shadow networks, FT reports

Russian shoppers continue to access luxury Western brands despite sanctions imposed after the full-scale invasion of Ukraine, The Financial Times reported on Dec. 26. An industry of personal buyers, resellers, and cross-border smugglers has emerged, allowing affluent Russians to circumvent restrictions. The European Union has limited legal sales of luxury goods to Russia to items […]