Asos suspends trading in Russia amid Ukraine invasion

Asos
FashionEcommerceSupply Chain
// Asos suspends business with Russia in the wake of Ukraine’s invasion
// The Russian invasion has triggered condemnation internationally

Asos has suspended trading in Russia amid the nation’s ongoing invasion of Ukraine.

The online retailer announced the decision on Wednesday as Russian forces continued to shell Ukrainian cities including Kharkiv and Kyiv.

Asos said continuing sales in Russia was “not right” following the civilian casualties.


READ MORE: Asos seeks discount from suppliers to offset rising inflation


“Asos’ priority is the safety of its colleagues and partners in Ukraine and Russia,” Asos said.

“Immediately following the invasion, Asos suspended sales in Ukraine as it became impossible to serve customers there.

“Against the backdrop of the continuing war, Asos has decided that it is neither practical nor right to continue to trade in Russia and has, therefore, today suspended our sales there. Our thoughts are with the people of Ukraine and all those affected in the region.”

The Russian invasion has triggered condemnation internationally and countries around the world, including the UK and US, have imposed sanctions on financial institutions and individuals connected to President Vladimir Putin’s regime.

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Asos suspends trading in Russia amid Ukraine invasion

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// Asos suspends business with Russia in the wake of Ukraine’s invasion
// The Russian invasion has triggered condemnation internationally

Asos has suspended trading in Russia amid the nation’s ongoing invasion of Ukraine.

The online retailer announced the decision on Wednesday as Russian forces continued to shell Ukrainian cities including Kharkiv and Kyiv.

Asos said continuing sales in Russia was “not right” following the civilian casualties.


READ MORE: Asos seeks discount from suppliers to offset rising inflation


“Asos’ priority is the safety of its colleagues and partners in Ukraine and Russia,” Asos said.

“Immediately following the invasion, Asos suspended sales in Ukraine as it became impossible to serve customers there.

“Against the backdrop of the continuing war, Asos has decided that it is neither practical nor right to continue to trade in Russia and has, therefore, today suspended our sales there. Our thoughts are with the people of Ukraine and all those affected in the region.”

The Russian invasion has triggered condemnation internationally and countries around the world, including the UK and US, have imposed sanctions on financial institutions and individuals connected to President Vladimir Putin’s regime.

Click here to sign up to Retail Gazette‘s free daily email newsletter

FashionEcommerceSupply Chain

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