News > British Retailer Marks And Spencer Announces Exit From Russia

British Retailer Marks And Spencer Announces Exit From Russia

British clothing-to-food retailer Marks and Spencer on Wednesday announced a full exit from Russia following the country's invasion of Ukraine.

After halting product shipments to Russia at the start of March, M&S said it had decided "to fully exit" its Russian franchise run by Turkish conglomerate Fiba Group.