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Mar 4 5 tweets 3 min read
The American shoe brand #Crocs remains on the Russian market. Retail has resumed work in #Russia, supporting the russian economy despite it’s illegal invasion and #WarCrimes in #Ukraine

Stores have already opened in Moscow – in the shopping centers “Metropolis” and “Afimall”.
Crocs paused operations in March 2022 and resumed again in August 2022.

The brand's retail management and interaction with the franchisee were transferred under the new structure of Claire LLC, which was owned by the former head of the Russian division of Crocs, Eric Petit.… twitter.com/i/web/status/1…
Claire LLC was established in May 2022, the main owner of the company is Eric Petit with a share of 85%, another 15% belongs to Evgeny Tregubenko, a co-owner of the legal RT-Group, which accompanies M&A transactions in Russia for foreign investors.
Petit lists himself as a Hotelier from Strasbourg on LinkedIn? He is originally a #French citizen, (current status unspecified) and is well known in the Russian retail and restaurant business.

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More from @Beefeater_Fella

Mar 4
@drosha69 @JeffSonnenfeld - FYI: KFC and Pizza Hut owner and Heineken claims to pause business in Russia ONE YEAR AGO , yet the brand is still alive and well in MAR 2023 theguardian.com/world/2022/mar…
See this video filmed in February 2023, showing brands that are sneaking back into the russian market including #Samsonite #Levis and #Reebok .

A mixture of outright business as usual and others duping consumers russian names, selling original products.


Same old products, under fake russian branding.

These companies need calling out and being held to acount by consumers, shareholders and the media.

#StopTrade with #Russia
Read 5 tweets
Mar 2
1/8 Russian Oligarch Files: Roman #Abramovich

A morally #corrupt high-profile Russian billionaires because of the success of football club Chelsea FC, Roman Abramovich was sanctioned later than some others, because he is less obviously influential than other #Putin allies.
2/8 His influence in the Kremlin is limited, he is more #Putin ‘s bitch than his friend, but is tolerated by Mr Putin (as long as he pays). Abramovich has made corrupted money out of the relationship, through #putin awarding him contracts for the #FIFA 2018 World Cup in Russia.
3/8 #Abramovich denies having close ties to Mr Putin or the Kremlin, but the UK portion of his estimated $12.4bn fortune is now frozen. At the start of the war he was forced to put Chelsea up for sale for £3bn. and his £150m house in London's Kensington Palace Gardens in London.
Read 6 tweets
Mar 1
The miserable life of #Putin

#VladimirPutin and mistress gymnast #AlinaKabaeva, the likely mother of his spawn, live in opulence together in a residence in Valdai. Corrupt gains is what funds Putin, who has vast properties, and he indulges his cohabitant vatnic lover #Kabaeva
#Putin's main source of funding is the Cypriot company #ErmiraConsultants, which holds stakes in enterprises important to Putin.

In particular, Ermira controls the eal Invest company registered to a figurehead - a lawyer from St. Petersburg #VladislavKopylov.
Purchases for #PutinWarCriminal and his relatives were paid from Ermira's accounts. He also bought apartments and houses with this money. Since 2015, offshore ownership has probably passed to the people of the oligarch #ArkadyRotenberg
Read 6 tweets
Feb 28
1/4 Infographics published by Council of the European Union.

Russian Economy:

The Russian economy is tanking. Projections by the WB and WMF should be treated with scepticism - they are not based on facts or reporting, Russia stopped reporting to them in Q2 of 2022.

#IMF ImageImage
2/4 - Sanctions:

Sanctions are biting. Hard.

These infographics show you who is sanctioned and what is sanctioned

#Russia #Sanctions ImageImage
3/4 - Sanctions contd..

#Russia #Sanctions #RussiaisATerroistState ImageImageImage
Read 4 tweets
Feb 26
1/7 Layman’s guide to companies and Russia.

The companies that have left or who continue to trade in Russia - as monitored by team of Professor Jeffrey Sonnefeld from Harvard University. They have monitored over 1400 companies in Russia. som.yale.edu/story/2022/ove…
2/7. This list shows 1000 companies have curtailed (clean break) their activities in Russia including: Mc Donalds, Starbucks, Dell, Addidas, H&M, T Mobile and BP. Some companies have “scaled back” activities, including VW, Sony, Samsung, Alphabet, Lego and Pepsi.
3/7 There are some companies that are Digging In and continue trading in Russia, including Siemens Healthineers, Air China, Tom Ford, Fridays, BT Group, Liebherr and Heineken, (over 240 of them digging in).
Read 8 tweets
Feb 25
1/15 The state of the Russian Economy: A layman’s guide: I will try to summarise the latest analysis of the Russian economy. Lengthily tweet - if you are interested..
2/15 It claims that russian GDP shrunk by just 2.1% in 2022, against a World bank projection of -11%, and the IMF projects a 0.3% increase in GDP in 2023.

The is a problem with these projections; these institutions rely only on Rosstat declarations and figures !
3/15 Professor Jeffrey Sonnefeld from Harvard University with 40 volunteer academics researching the Russian economy 24/7 in the past year has unpicked the russian propaganda on the economy: He cautions that global institutions are canonising fictitious projections from Rosstat.
Read 17 tweets

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