Your account has been succesfully created.

EN FR

Russia, Switzerland, Turkey
Lifting the lid on the Turkish venture that allows Lacoste to sell in Russia

Published on 22.06.2023 at 05:00 GMT Reading time 2 min

To continue selling to the Russian market despite EU sanctions, Lacoste operates via a Turkish intermediary. But a closer look at who owns the third-party company reveals it is far from an independent go-between.

This article may be accessed by subscribers

In order to ensure high-quality and independent journalism, Glitz relies solely on subscriptions from its readers, with no advertising, no events and no consulting work.

Several offers are available depending on your particular reading needs

Consult our offers

Do you want a free trial before subscribing?

Create your free account

Discover our work by making use of the following possibilities: daily newsletters, a selection of free articles, keyword alerts.

Do you want a free trial before subscribing?

create a free account

This article is part of this Running Story

How luxury navigates the war in Ukraine All articles

Turkish counterfeiters up their game with double fake label trick

In Istanbul, counterfeiters are now also adding labels from online retailers such as Farfetch to the products they sell.

Subscribers only Entourage 17.04.2025

Geopolitics of fashion on display at Paris's Première Vision trade show

With China and South Korea as guests of honour and Turkey an ever-growing presence, the industry-leading Première Vision textile fair offers a snapshot of the international luxury and fashion markets writ large.

Subscribers only Entourage 18.01.2024

Scales of justice: Lacoste owes nothing to former designer

After five years of legal proceedings, fashion designer Felipe Oliveira Baptista on 14 September lost his claim at the Paris Court of Appeal to have his employment contract with Lacoste reclassified. Baptista worked for the brand for eight years.

Subscribers only Houses 12.10.2023

Lacoste sidesteps sanctions to keep sales in Russia afloat

The brand with the iconic crocodile logo denies that it still sells its products in Russia. But, to avoid a drastic decline in sales, one of its partners does so on its behalf.

Subscribers only Houses 15.06.2023

Document
De Beers and Russian diamonds: Following up on our revelations

Since Glitz.paris disclosed that De Beers sold Russian stones in the United States in 2022, the diamond giant has fiercely denied it - letting slip some revealing information in the process.

Subscribers only Houses 08.06.2023

Turkey's Sahenk family stacks up luxury holdings

Turkey's richest family is expanding its commercial ties with luxury's biggest names, in the Sahenks' own country and throughout the Middle East.

Subscribers only Families 23.02.2023

Counterfeiters
Putin weaponises counterfeit luxury goods amid Ukraine war

One of Russian President Vladimir Putin's responses to Western support for Ukraine has been to make it much easier for fake luxury products to transit through - and be manufactured in - his country.

Free access Entourage 09.02.2023

Vladimir Putin facilitates the transit of luxury counterfeit goods through Russia, as well as their manufacture.

On our other sites

Nordgold's Burkina Faso exit plan takes shape

The Russian firm, faced with insecurity in Burkina Faso, Western sanctions hitting its gold exports, and deteriorating relations with the ruling junta, has found a buyer for its Taparko mine. The group is now looking for candidates for its Bissa and Yimiougou sites.

Subscribers only West Africa Africa Intelligence 25.04.2023

Workers in front of a gold ore stockpile at the Taparko gold mine site, northern Burkina Faso, 11 March 2009.

Headlines

Hamad bin ⁠Khalifa Al Thani built up a vast luxury portfolio in the last decade of his life.

In Focus | Qatar's ruling family Who will inherit former emir's luxury assets? Maybourne Five-star London hotel The Emory under scrutiny over social housing pledges

The Maybourne subsidiary may have backslid on its affordable housing commitments.

LVMH Chaumet brings forward acquisition of Italian high-end jewellery maker

The high-end French jeweller and watchmaker is boosting its production capacities.

Morgane Sézalory Sézane founder branches out into hotel trade

Morgane Sézalory is converting a Parisian townhouse into a chic hotel.

LVMH Bernard Arnault on safe ground in Legend podcast interview

LVMH boss Bernard Arnault being interviewed by Guillaume Pley.

Headlines

In Focus | Qatar's ruling family Who will inherit former emir's luxury assets? Maybourne Five-star London hotel The Emory under scrutiny over social housing pledges

LVMH Chaumet brings forward acquisition of Italian high-end jewellery maker

Morgane Sézalory Sézane founder branches out into hotel trade

LVMH Bernard Arnault on safe ground in Legend podcast interview

Russia, Switzerland, Turkey
Lifting the lid on the Turkish venture that allows Lacoste to sell in Russia

To continue selling to the Russian market despite EU sanctions, Lacoste operates via a Turkish intermediary. But a closer look at who owns the third-party company reveals it is far from an independent go-between.

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

This article is part of this Running Story

Read also

Turkish counterfeiters up their game with double fake label trick

Geopolitics of fashion on display at Paris's Première Vision trade show

Scales of justice: Lacoste owes nothing to former designer

Lacoste sidesteps sanctions to keep sales in Russia afloat

Document
De Beers and Russian diamonds: Following up on our revelations

Turkey's Sahenk family stacks up luxury holdings

Counterfeiters
Putin weaponises counterfeit luxury goods amid Ukraine war

Nordgold's Burkina Faso exit plan takes shape

Headlines

Related topics to this article

Headlines

Related topics to this article

About Glitz

Subscription

Glitz on social media

Indigo Publications' websites

About Glitz

Subscription

Indigo Publications' websites

Louis Vuitton

Dior

François Pinault

Brigitte Bardot

De Beers

Russia, Switzerland, Turkey Lifting the lid on the Turkish venture that allows Lacoste to sell in Russia

To continue selling to the Russian market despite EU sanctions, Lacoste operates via a Turkish intermediary. But a closer look at who owns the third-party company reveals it is far from an independent go-between.

This article may be accessed by subscribers

Do you want a free trial before subscribing?

Create your free account

create a free account

This article is part of this Running Story

Read also

Turkish counterfeiters up their game with double fake label trick

Geopolitics of fashion on display at Paris's Première Vision trade show

Scales of justice: Lacoste owes nothing to former designer

Lacoste sidesteps sanctions to keep sales in Russia afloat

Document De Beers and Russian diamonds: Following up on our revelations

Turkey's Sahenk family stacks up luxury holdings

Counterfeiters Putin weaponises counterfeit luxury goods amid Ukraine war

Nordgold's Burkina Faso exit plan takes shape

Headlines

Related topics to this article

Headlines

Related topics to this article

About Glitz

Subscription

Glitz on social media

Indigo Publications' websites

Russia, Switzerland, Turkey
Lifting the lid on the Turkish venture that allows Lacoste to sell in Russia

Document
De Beers and Russian diamonds: Following up on our revelations

Counterfeiters
Putin weaponises counterfeit luxury goods amid Ukraine war