Farfetch Is Leaving Russia
One of the largest online retailers of designer clothing Farfetch is closing its Russian office and laying off all of its employees. This is reported by The Blueprint, citing sources.
Farfetch launched in Russia in 2015. The marketplace operated under a model in which it does not purchase merchandise, but rather hosts products from boutique partners around the world.
On March 3, the marketplace suspended delivery of orders to Russia from abroad.