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German fashion giant Hugo Boss has ended operations in Russia, the company announced on Tuesday. The group has sold its Russian subsidiary to long-standing wholesale partner Stockmann JSC, it said. “As a result, Hugo Boss will no longer be represented by its own subsidiary in Russia,” said a company spokesman. Russian authorities have already approved the deal, which had been previously announced and in the works for months. Hugo Boss closed its shops in Russia and suspended its online business in the country in March 2022, shortly after Moscow launched its full-scale invasion of Ukraine. The …

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