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Chanel restricts sales to Russians living abroad enraging socialites

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The luxury brand began their own protest against Russia’s invasion of Ukraine

After pulling out of Russia last month, Chanel is now also unavailable to many Russians living overseas.

A group of Russian socialites have been banned from purchasing the luxury goods in stores around the world.

One influencer Liza Litvin was denied a Chanel bag purchase in a Dubai mall, taking to social media to express her fury.

Russians took to their social media pages to post photos of the form Chanel requires them to sign in order to purchase products. SOURCE: Twitter

She posted that the company will only sell stock to Russian customers after they agree that they won’t wear the product in Russia.

Chanel’s corporate office in France confirmed that the new policy has been imposed in response to the European Union’s sanctions on luxury items.

These regulations “prohibit the sale, directly or indirectly, of luxury items to any natural, legal person or entity in the Russian Federation or for use in the Russian Federation”.

Chanel says they “understand that these measures may create certain inconveniences for some customers” but assured that they are working on improving the procedure.

Many have taken to social media to condemn Chanel and to boycott them posting videos of themselves destroying bags.

Some of these celebrities have said that if Chanel doesn’t respect consumers then they can’t expect consumers to respect the brand.

One Russian singer and TV fashion show presenter Anna Kalashnikova was also barred from purchasing earrings and a bag at a Chanel store in Dubai.

But the celebrity pushed back, drawing a double standard as “Coco Chanel was not only a mistress of a Nazi officer but an agent of German intelligence”.

Whether Coco Chanel’s history as a member of the Third Reich will change anything remains unclear for the moment Russians living abroad remain shocked about the turn of events.

Natasha is an Associate Producer at ticker NEWS with a Bachelor of arts from Monash University. She has previously worked at Sky News Australia and Monash University as an Online Content Producer.

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Trump will plead not guilty to revised 2020 election criminal charges

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Former U.S. President Donald Trump will plead not guilty to fresh criminal charges in a revised indictment accusing him of attempting to overturn the 2020 election.

In a court filing, Trump waived his right to appear in court, authorising his lawyers to enter the plea on his behalf.

This revised indictment, brought by Special Counsel Jack Smith, maintains the original four charges, including obstructing Congress and defrauding the United States. #featured #trending

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Harris promises to boost SME in the U.S. with $50,000 tax deduction

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Vice President Kamala Harris is set to propose a significant tax deduction for new small businesses.

Under the plan, startups could claim up to $50,000 in tax deductions, providing crucial financial relief during the critical early years of operation.

This initiative aligns with efforts to stimulate economic growth and job creation across the country, particularly in sectors hard-hit by the pandemic. #featured #trending

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Fed Reserve close in on Sep rate cut amid cooling inflation

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The Federal Reserve is anticipated to announce a rate cut in September following signs of cooling inflation.

Economic indicators suggest a slowdown in price increases, providing room for the Fed to adjust policy rates. #featured #trending

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