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Kalyaev to close factory

Business of Fashion has reported that Kalyaev, one of Russia’s biggest fur retailers, is closing its factory. Kalyaev says the decline in Russia’s fur trade is to blame, and they will be selling their remaining stock. In addition to their factory, Kalyaev also runs 20 retail stores in Moscow and Kazan. The company has not said what would be done...

Jan 14, 2022