Ikea and M&S halt Russian operations

Ikea and Marks & Spencer are among the retailers that have suspected operations in Russia following the country’s invasion of Ukraine.

Ikea says it is pausing all retail operations in Russia and will halt exports and imports from and to Russia and Belarus.

‘The devastating war in Ukraine is a human tragedy, and our deepest empathy and concerns are with the millions of people impacted. The immediate actions of Inter Ikea Group and Ingka Group have been to support the personal safety and security of Ikea co-workers and their families, and we will continue to do so,’ it says.

‘Given the unfolding humanitarian crisis following the invasion of Ukraine, M&S has suspended shipments to our Turkish franchisee’s Russian business. We are doing everything we can to support the people of Ukraine and in response to the growing refugee crisis, we are building on our existing support for UNICEF UK’s Ukraine appeal with a £1.5m package to support the UN Refugee Agency and UNICEF to help children and families in need,’ says Marks & Spencer.

‘This is made up of a kickstart £500,000 donation to UNHCR with a further £500,000 for matched fundraising for all our global colleagues and double donations on Sparks transactions to support UNICEF; and activation of till-point and online giving in the UK.’

It is also donating 20,000 units of coats and thermals worth £500,000.

Ikeafront

Subscribe

And receive a glossy copy of our magazine straight to your door

Subscribe to our newsletter

Receive weekly industry news straight to your inbox.

I agree with the Terms and Conditions and the Privacy Policy detailed at the bottom of this website.