Russian fashion store chain Slava intends to expand into Uzbekistan, TASS has reported, with reference to CEO Alexander Peremyatov.
"There are plans to enter, firstly, former CIS countries Belarus and Uzbekistan. Secondly, China and [United] Arab Emirates," said Peremyatov.
Currently, Slava works only with Russian designers. However, in the future, the company intends to attract designers from other countries, including Uzbekistan, Kazakhstan and Belarus.
After the departure of international brands from Russia amid the Western economic backlash to the Ukraine invasion, Slava managed to occupy an empty 10,000 square metres of retail space. In the next two years, the Russian network will, if all goes to plan, additionally occupy 30,000 square metres that previously belonged to Bershka, Adidas, Zara, H&M and other brands.
The first Slava store was opened in 2015. The network to date offers over 6,000 fashion and other brands.
Russia's Ozon Group (MOEX: OZON) reported a net profit of RUB4.5bn ($54.7mn) for the first quarter of 2026, against a net loss of RUB7.9bn in the same period last year, the e-commerce group said in ... more
Russia has delivered new shipments of heavy military equipment to Mali as the Kremlin replaces the Wagner Group’s semi-private model with the more tightly controlled Africa Corps, according to The ... more
Senior figures from the BRICS+ Association of Cities and Municipalities expressed “solidarity” with Tehran and voiced concern over developments in the Middle East in a message to the Iranian ... more