One
of the world's largest suppliers of crystals for jewelry, clothing
and lighting manufacturers Swarovski will completely withdraw from
the Russian market and close its business in the country, said on
Thursday the CEO of the Austrian brand Alexis Nazard in an interview
with the Trend portal.
"We
have come to the conclusion that we cannot support even suspended
activities in Russia," the portal reports Nazard's words.
The
CEO did not name the exact terms of withdrawal from the Russian
market, but stressed that the closure of the business would be
carried out in accordance with the laws in force in this case,
including "economic sanctions and other trade restrictions."In
March 2022, Swarovski suspended sales in Russia, including in online
stores.
Swarovski
AG is an Austrian company founded in 1895, which specializes in the
production of loose crystals, jewelry, crystal figurines and the
cutting of synthetic and natural precious stones. The company also
produces optical equipment and ready-made lamps and chandeliers.
The Austrian company Swarovski announced its withdrawal from the Russian market
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