Putin’s fresh economy nightmare as new brands entering market halves | World | News
The new figures are faced with a new economic nightmare, as the rate of new brands entering the Russian retail market decreases more than half in a year. A study by Russian Real Estate Consultancy Nikoliers announced that 20 new brands appeared in the country in the first six months of 2025 – 8 foreigners and 12 local. However, in the first half of 2024, 35 new companies announced that their facilities were opened as part of 19 strangers and 16 Russians in shopping centers or Street retail.
In 2025, 37% of companies came from Italy, 25% from Türkiye, 12% from China and 13% from Belarus and Kazakhstan. In 2024, China was the leader with 26%, Türkiye, South Korea and Italy had an equal share of 16%, followed by Germany with 11%. Uzbekistan, Armenia and Spain made up 5% of the market. According to Nikoliers, in 2025, approximately 51 brands (24 and 27 local) can exit in Russia.
In 2024, 73 brands (38 Russian and 35 foreigners) entered the market of the country.
Russian news service Interfax, the slowdown, “both domestic and foreign brands actively separated by international players occupied the area of 2023-2024 after the active development of a natural process,” he says.
He added that the share of Russian brands in terms of “large format tenants” increased from 57% to 76% in the last four years.
Interfax also states that other factors behind the decrease in the number of new brands entering the market contain low gap rates as well as quality space shortage for business development.
This “restricted tempo of the development of the new shopping center”. “This situation can continue in the Russian market by 2027 with the shortage of the current field.”
Since Russia’s full -scale invasion of Ukraine started in February 2022, hundreds of Western companies have left Russia, Kyiv Independent Reports.
. Kyiv School of Economics 472 foreign companies withdrew completely and 1,360 of the recycling of the reported.
St. The St. Petersburg International Economic Forum (Spief) Organization Committee Anton Kobakov said in June that it would be one of the conditions of the return of the “damage” caused by foreign companies separated from the Russian market in 2022.
“Now these companies [that have left] They say ‘We want to go back’. They caused us significant damage and expect them to compensate. At least this kind of compensation will be one of the prerequisite of any business that wants to re -enter our economy. “
