Russia has not seen any new foreign brands enter in the first five months of 2026

Russia has not seen any new foreign brands enter in the first five months of 2026

Russian business newspaper Vedomosti reported that during the first five months of 2026, no new foreign brands entered the Russian market. This is shown by a report from the consulting firm CORE.XP. This is a significant signal about Russia's continued economic isolation.

Economy

No new foreign brands entered the Russian market from January to May 2026, reported Russian business newspaper Vedomosti, citing a report compiled by consulting firm CORE.XP. This is a significant indicator that reflects Russia's ongoing economic isolation on the international stage.

Following Russia's full-scale invasion of Ukraine in February 2022, hundreds of foreign brands left the Russian market, leaving notable gaps in retail, food industry, and service sectors. Initially, it was hoped that some brands might return or that new companies would emerge to fill their places, but CORE.XP data suggests that this process has essentially stalled.

According to experts, the complete absence of foreign brands from the Russian market is due to both international sanctions and increased business risks that make investment in Russia unattractive. Additionally, many companies face public pressure that prevents them from returning to or entering the Russian market.

Russia has tried to compensate for the departure of foreign brands through domestic alternatives and so-called parallel imports, but consumer satisfaction has remained low. The Russian retail sector continues to be under pressure, as domestic brands are unable to fully fill the gap left by international companies.

Open in app →