Spotlight | Russia
Putin's heavy-handed support pushes Russian watchmaker Raketa to seek business in the Gulf

In July, Russian President Vladimir Putin was seen wearing an Imperial Peterhof Factory watch, the high-end brand of Raketa.
In July, Russian President Vladimir Putin was seen wearing an Imperial Peterhof Factory watch, the high-end brand of Raketa. © Studio Pachamama
Having unintentionally become the emblem of self-sufficiency for Russian luxury goods, the Franco-British-owned Russian watchmaker Raketa is investing heavily in the Middle East to compensate for losses in its European markets. [...]
Published on 17.11.2022 at 05:30 GMT Reading time 5 minutes

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