Russian Retail As Concern Grows Over Rising Borrowing Costs

Pedestrians pass a display of Louis Vuitton luxury products, a unit of LVMH Moet Hennessy Louis Vuitton SA, in the windows of the GUM department store on Red Square in Moscow, Russia, on Monday, Dec. 22, 2014. The ruble's rout, sparked by falling oil prices and sanctions imposed on businesses including OAO Sberbank, prompted Russians to begin buying luxury goods from Porsche sports cars to Tiffany rings to preserve the value of their savings. Photographer: Andrey Rudakov/Bloomberg via Getty Images
Pedestrians pass a display of Louis Vuitton luxury products, a unit of LVMH Moet Hennessy Louis Vuitton SA, in the windows of the GUM department store on Red Square in Moscow, Russia, on Monday, Dec. 22, 2014. The ruble's rout, sparked by falling oil prices and sanctions imposed on businesses including OAO Sberbank, prompted Russians to begin buying luxury goods from Porsche sports cars to Tiffany rings to preserve the value of their savings. Photographer: Andrey Rudakov/Bloomberg via Getty Images
Russian Retail As Concern Grows Over Rising Borrowing Costs
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Bloomberg
Date created:
December 23, 2014
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RUSSIA RETAIL
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