Why Apple, Disney, IKEA and hundreds of other Western companies are abandoning Russia with barely a shrug
- Written by Douglas Schuler, Associate Professor of Business and Public Policy, Jones Graduate School of Business at Rice University
Muscovites rushed to buy furniture and other goods from IKEA before it closed its Russian stores.AP Photo/Vladimir KondrashovMany companies in the U.S. and elsewhere have been quick to sever ties to Russia – going well beyond applying the sanctions ordered by their governments.
IKEA, Nike and H&M are temporarily closing their Russian...