Uniqlo Suspends Operation in Russia in Reversal

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Image Source: Visual ChinaBEIJING, March 14 (TMTPOST) — Japanese fast-fashion chain Uniqlo announced that it will temporarily suspend its 50 brick-and-mortar outlets in Russia.It is worth noting that Tadashi Yanai, CEO of Uniqlo’s parent company Fast Retailing, said previously that Uniqlo would not shut down its operation in Russia."Clothing is a necessity of life," he told Nikkei, explaining the decision