Bosch, Sony Closing Their Last Specialized Stores In Russia, Says Report

Following Moscow's invasion of Ukraine in February 2022, many Western firms such as Sony, stopped supplying inventory to Russia. (file photo)

Electronics giants Bosch and Sony are closing their last specialized stores in Russia, Kommersant reported on February 27. A Sony representative said the company was closing its stores due to supply shortages, but will keep three outlets open in Moscow until summer to sell off the remaining inventory. Bosch has closed all stores except one, where they also plan to sell off remaining stock. Following Moscow's invasion of Ukraine in February 2022, many Western firms including Bosch, Sony, and South Korean electronics giant LG stopped supplying inventory to Russia. LG has already announced that all its stores in Russia have closed. To read the original story by Current Time, click here.