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Russian shoppers are turning to grey markets to buy fashion and luxury
9 days ago - By Fashion United
Image: Personal shopper via Pexels
Russian consumers are turning to grey markets for their shopping needs after sanctions have made access to local fashion and luxury labels difficult, if not impossible.
Like China's daigou - personal shoppers who buy luxury goods abroad and resell them at home with a small markup but do so avoiding the hefty tariffs - a new breed of personal shoppers is catering to Russia's elites.
Now that most western brands are legally required to halt or limit their Russian operations, international sanctions are affecting local populations access to goods.
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