All of the listed major luxury fashion labels saw their sales in Russia decline in 2022, as some of them limited their operations in Russia due to the war in Ukraine. Hugo Boss led the ranking with a revenue of nearly 6.3 billion Russian rubles in 2022. Chanel made it in the second place, as its earnings were measured at 4.5 billion Russian rubles, down 75 percent from the previous year.
Revenue of selected luxury fashion brands in Russia from 2020 to 2022
(in billion Russian rubles)
Characteristic
2020
2021
2022
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According to the source, the study looked at 'daughter' companies of luxury fashion brands independently working in Russia.
Figures have been rounded.
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RBC.ru. (May 2, 2023). Revenue of selected luxury fashion brands in Russia from 2020 to 2022 (in billion Russian rubles) [Graph]. In Statista. Retrieved July 03, 2024, from https://www.statista.com/statistics/1113230/russia-sales-turnover-of-luxury-fashion-brands/
RBC.ru. "Revenue of selected luxury fashion brands in Russia from 2020 to 2022 (in billion Russian rubles)." Chart. May 2, 2023. Statista. Accessed July 03, 2024. https://www.statista.com/statistics/1113230/russia-sales-turnover-of-luxury-fashion-brands/
RBC.ru. (2023). Revenue of selected luxury fashion brands in Russia from 2020 to 2022 (in billion Russian rubles). Statista. Statista Inc.. Accessed: July 03, 2024. https://www.statista.com/statistics/1113230/russia-sales-turnover-of-luxury-fashion-brands/
RBC.ru. "Revenue of Selected Luxury Fashion Brands in Russia from 2020 to 2022 (in Billion Russian Rubles)." Statista, Statista Inc., 2 May 2023, https://www.statista.com/statistics/1113230/russia-sales-turnover-of-luxury-fashion-brands/
RBC.ru, Revenue of selected luxury fashion brands in Russia from 2020 to 2022 (in billion Russian rubles) Statista, https://www.statista.com/statistics/1113230/russia-sales-turnover-of-luxury-fashion-brands/ (last visited July 03, 2024)
Revenue of selected luxury fashion brands in Russia from 2020 to 2022 (in billion Russian rubles) [Graph], RBC.ru, May 2, 2023. [Online]. Available: https://www.statista.com/statistics/1113230/russia-sales-turnover-of-luxury-fashion-brands/