Spanish retailer “Mango” halts activity in Russia

Spanish “Mango” clothing design and manufacturing company has decided to finally leave Russia.

The decision was made due to international geopolitical uncertainty amid Russia's "special operation" in Ukraine, according to Russia’s Komsomolskaya Pravda newspaper.

Mango has reached an agreement with Russian partners to abandon 55 Russian stores. The retail outlets will become franchised to help around 800 employees to save their jobs.