High-fashion brands Chanel, Louis Vuitton, Gucci, Hermès, Prada, and Burberry all announced they are temporarily discontinuing business in Russia.
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Prada has joined other luxury brands in suspending its retail operations in Russia following the invasion of Ukraine. While Russian luxury retailers Tsum and Gum sell Prada products online, Prada does not have franchising operations in the country and operates stores directly.