NOV 26 2015

The West vs. Russia: Will Russia Really Survive The Impact Of Sanctions?

Emerging Markets, World Economy

Russia trampled international laws with annexation of Crimea (previously part of Ukraine) to its territory and is reeling under wrath of sanctions imposed by the EU, the USA, Australia, Canada, Norway, and Switzerland, among others. Over a period of time, the sanctions have expanded to inflict economic damage to Russia by targeting its financial, energy,…

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SEP 11 2013

E-commerce in Russia – Strong Impact of Consumer Culture

Consumer Goods & Retail, Emerging Markets

Part II of our E-commerce Challenges in the BRIC series brings us to Russia, a market with significant growth opportunities which are impacted by customer’s traditional retail perceptions and infrastructure woes. With a share of only 1.9% held by online sales in total retail sales, it would appear that Russian e-commerce market is almost irrelevant….

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