The Kremlin takes control of Auchan and Nestlé assets in Russia

The Kremlin takes control of Auchan and Nestlé assets in Russia

A few hours before the first legislative elections in wartime began in Russia and amid rising tensions with the European countries allied with Ukraine, the Kremlin chief, Vladimir Putin, ordered by decree to take control of the businesses of two major Western companies in the country, the French Auchan and the Swiss multinational Nestlé. In recent years, this measure has been a first step before large foreign firms were bought by Russian owners.

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Massimo Dutti sneaks into the top 10 most desired brands in the world

Massimo Dutti sneaks into the top 10 most desired brands in the world

As is customary every August, Lyst Index has published the ranking of the most desired brands for this second four-month period, showing slight changes in consumer tastes and the appeal of each brand. Chanel maintains the leadership of this ranking, fueled by the excitement sparked by Matthieu Blazy. The launch of its Coco Beach and Métiers d’Arts 2026 collections has helped maintain interest in the French house, while searches on Lyst for Chanel sunglasses grew by more than 70 percent in the last quarter.

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