Russia: Losing money

Author:Global Times Time:2022.09.14

"Some Western brands withdrawing from the Russian market are facing lawsuits." The Russian "News" reported on the 13th that some shopping malls in Russia began to file a large -scale lawsuit against Western brands that announced the withdrawal of Russia. Uniqlo, Adidas, Nike and other brands such as the defendant to the court for violating the contract. Russian experts said that the current lawsuit has just begun, and the Russian shopping center will also sue some other foreign companies.

According to data from the Russian Spark database, there are currently 14 cases of "performed lease agreement obligations" cases in Russia. The defendants are H & M, Uniqlo, Adidas, Nike and other brands. The rubles are about 0.11 yuan). As the plaintiff's shopping mall, the shopping mall requires recovery from the retailer's "loss caused by failure to carry out business and not paying rent." Although H & M's stores have now opened stores in Russia and continued to open, the shopping malls still filed 6 lawsuits against it with a claim amount of 11.9 million rubles. Tesco, the lease person in charge of the retail mall Core, said that the shopping center hopes to recover their investment in the store's decoration and get the full rent during the closure of the store.

Mosca Lianko, chairman of the Russian Shopping Center Council, believes that the shopping center is trying to make up for some losses through the court. Kuznetsov, vice chairman of the Russian Lawyers Association, said that other foreign companies that suspended the Russian market will also receive similar claims in the future. Frov, a lawyer of the Moscow Lawyers Association, is convinced that the possibility of winning a listing center is almost 100%.

It is reported that after the termination of the contract with foreign brands, the Russian shopping center plans to divide the original large shops into smaller stores. In the autumn and winter seasons, the new brand will open in the area occupied by Western retailers. Some shopping malls may be transformed into multi -functional centers, clinics, and sports fields.

Global Times special reporter Liu Yupeng

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