Since the beginning of the year, about 20 new international brands have entered the Russian market

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This year, about 20 international brands have entered the Russian market. This is reported by TASS with reference to the representative of the Union of Shopping Centers Natalia Kermedchieva.

Kermedchieva noted that half of the foreign brands that have entered the Russian market are representatives of China and South Korea. According to her, the same number of brands are expected to enter by the end of the year. In this case, the result of last year in terms of the number of new foreign companies will be exceeded by a third.

In addition, according to Kermedchieva, Russian brands are actively continuing to open new stores this year. It is expected that by the end of this year the number of new domestic brands will increase to 32.