The biggest brands in the world feel the pressure from consumers. For this reason, they are closing their stores and are leaving Russia.
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Companies Leaving Russia are Caving to Public Pressure
In 2022 the U.S and Europe then imposed economic sanctions against Russia, which were tightened later on. These sanctions have caused a lot of damage to Russia’s economy.
Due to the public pressure, some of the big companies like PepsiCo and McDonald’s have already pulled out of Russia.
List of Companies Pulling Out of Russia (Consumer Discretionary Sector)
Name | Industry | Country |
Aimbridge | Interstate Hotels | Consumer Discretionary | United States |
Forever Living Products | Consumer Discretionary | United States |
Riot Games | Consumer Discretionary | United States |
Sbarro Pizza | Consumer Discretionary | United States |
Tenneco | Consumer Discretionary | United States |
TGI Friday’s | Consumer Discretionary | United States |
Tom Ford | Consumer Discretionary | United States |
Valve | Consumer Discretionary | United States |
CAPRI Holdings (Versace, Michael Kors, Jimmy Cho) |
Consumer Discretionary | United States |
Domino’s Pizza | Consumer Discretionary | United States |
Hilton | Consumer Discretionary | United States |
Hyatt | Consumer Discretionary | United States |
Marriott | Consumer Discretionary | United States |
Mohawk Industries | Consumer Discretionary | United States |
Epic Games | Consumer Discretionary | United States |
Gap Inc | Consumer Discretionary | United States |
Inspire Brands (Dunkin’ Donuts, Baskin Robins) |
Consumer Discretionary | United States |
Loyalty Ventures | Consumer Discretionary | United States |
Sketchers | Consumer Discretionary | United States |
U.S. Polo Assn. | Consumer Discretionary | United States |
Whirlpool | Consumer Discretionary | United States |
Yum Brands | Consumer Discretionary | United States |
Airbnb | Consumer Discretionary | United States |
Amazon | Consumer Discretionary | United States |
Authentic Brands Group – Reebok |
Consumer Discretionary | United States |
Bentley | Consumer Discretionary | United States |
Booking | Consumer Discretionary | United States |
Costco | Consumer Discretionary | United States |
Coursera | Consumer Discretionary | United States |
Crocs | Consumer Discretionary | United States |
Deckers | Consumer Discretionary | United States |
Ford | Consumer Discretionary | United States |
Garmin | Consumer Discretionary | United States |
GM | Consumer Discretionary | United States |
Goodyear | Consumer Discretionary | United States |
Harley-Davidson | Consumer Discretionary | United States |
Hasbro | Consumer Discretionary | United States |
Levi Strauss | Consumer Discretionary | United States |
Little Caesar’s | Consumer Discretionary | United States |
Mattel | Consumer Discretionary | United States |
New Balance | Consumer Discretionary | United States |
Nike | Consumer Discretionary | United States |
Papa John’s | Consumer Discretionary | United States |
Polaris | Consumer Discretionary | United States |
PVH | Consumer Discretionary | United States |
Ralph Lauren | Consumer Discretionary | United States |
Under Armour | Consumer Discretionary | United States |
VF Corporation | Consumer Discretionary | United States |
Wrangler (Kontoor) | Consumer Discretionary | United States |
Carnival | Consumer Discretionary | United States |
eBay | Consumer Discretionary | United States |
Etsy | Consumer Discretionary | United States |
Expedia | Consumer Discretionary | United States |
Krispy Kreme | Consumer Discretionary | United States |
McDonald’s | Consumer Discretionary | United States |
Norwegian Cruise Lines | Consumer Discretionary | United States |
Oceania Cruises | Consumer Discretionary | United States |
Regent Seven Seas Cruises | Consumer Discretionary | United States |
Signet Jewelers | Consumer Discretionary | United States |
Sonos | Consumer Discretionary | United States |
Starbucks | Consumer Discretionary | United States |
TJ Maxx | Consumer Discretionary | United States |
WePlay | Consumer Discretionary | United States |