Louis Vuitton lost 1.1 billion rubles in 2024 due to the closure of stores in the Russian Federation. Also, losses are suffered by Chanel, Gucci, Prada, Christian Dior and Hermes.
While the heavy suite is waiting for the abolition of sanctions to break back into the Moscow boutiques, his Russian daughter suffers losses. LUTH LUII WYUTION Vostok LLC was registered back in 2002. Starting from 2022, she went minus by 950 million, in 2023-for almost 1.5 billion rubles. Last year, the loss amounted to 1.1 billion rubles. The same decline in 2023 was noticed in other companies:
– Gucci Rus LLC – 1.7 billion rubles.
– Chanel LLC – 7.7 billion rubles.
– LLC Prada Rus – about 450 million.
– LLC “Christian Dior Katuir Stoleshnikov” – 1.7 billion.
– JSC “Ermes Rus” – 1.8 billion.
In order not to get a criminal at home, sales were put on a stop. But you have to pay for rent or tax on your own stores. In the case of LV, this is a two -story mansion with an area of about 1.5 thousand squares in the table. Chanel rents his flagship on Petrovka.
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