High End Fashion’s Retreat from Moscow
The most expensive city in the world, Moscow has seen a downgrade in its available fashions. Once a home to all big luxury retailers, the time has come for many to move on.
Designers are closing their Russian outposts and retreating from Moscow after months of disappointing sales, with Stella McCartney, Alexander McQueen and Vivienne Westwood among those forced to pull down the shutters. This includes other Euorpean designers such as Dior and Chanel.
LINKAGE: Independent
