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Economy

“Over 400 companies have withdrawn from Russia. But some Western brands are locked in”

“More than 400 companies have announced their withdrawal from Russia since the launch of its invasion of Ukraine on Feb. 24, according to a list compiled by Yale School of Management.

For some brands, however, a clean break is easier said than done.

Fast food giants Burger King and Subway, British retailer Marks & Spencer and hotel chains Accor and Marriott are among a number of companies restricted from withdrawing amid complicated franchise agreements…”

https://www.cnbc.com/2022/03/18/burger-king-subway-ms-western-brands-in-russian-franchise-deals.html

They are restricted from pulling out of Russia? More like they’re are smart enough to know not to give up market share. They could pull out if they wanted to.

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