TsUM

BoF Professional Exclusive

Russia’s Luxury Market on the Mend

31 October 2017 • By Astrid Wendlandt

BoF Professional Exclusive

Russia’s Luxury Market on the Mend

The country’s luxury market has recovered after two difficult years, helped mainly by domestic demand and rising sales to tourists, which will get a boost from a ‘tax-free’ scheme scheduled to come into force around February next year.

Global Currents

How Tsum’s Bet on Chinese Tourists Beat the Russian Recession

13 December 2016 • By Limei Hoang

Global Currents

How Tsum’s Bet on Chinese Tourists Beat the Russian Recession

Tsum’s chief executive Alexander Pavlov explains how ‘red tourism’ from China and quick-response pricing strategies helped boost sales at the Russian department store by 40 percent.

Global Currents

Is the Worst Over in Russia?

17 June 2016 • By Kate Abnett

17 June 2016 • By Kate Abnett

As international executives and diplomats flock to the Saint Petersburg Economic Forum, is there cause for tentative optimism in Russia’s downtrodden luxury market?

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Global Currents

Is the Worst Over in Russia?

As international executives and diplomats flock to the Saint Petersburg Economic Forum, is there cause for tentative optimism in Russia’s downtrodden luxury market?

Share10 Comments

Ukraine, a Complex Crossroads of New and Old

22 October 2013 • By Robb Young

22 October 2013 • By Robb Young

In the latest instalment of Market GPS, Robb Young examines Ukraine, a market going through a period of major transition.

Ukraine, a Complex Crossroads of New and Old

In the latest instalment of Market GPS, Robb Young examines Ukraine, a market going through a period of major transition.