French luxury clothing and accessories brand Jacquemus has refused to supply Russia

Two of his local partners have said that Jacquemus, created by French fashion designer Simon Jacquem, has decided to stop supplying its products to Russia. One of the consultants who worked with the company also knows about this. This is a personal decision of Jacques, it is connected with the special operation of Russia in Ukraine, explains one of the interlocutors of “Vedomosti”. He adds that “the designer sent a very emotional letter”, informing everyone that there will be no more new deliveries to Russia. The suspension of shipments was also confirmed by the representative of the KM20 concept store (created by the wife of the shareholder of the Capital Group development company Pavel To Olga Karput), which sells Jacquemus products. According to him, according to a letter from the company, it is prohibited by law to do business with Russian companies. Moreover, the store works with other independent designers who receive financial support from the Federation of the French Textile Industry, which strongly recommends refraining from working with Russian companies. Otherwise, the brands that are part of this organization risk being left without funding and receiving a fine of 30,000 euros. He did not explain what the designers were. According to the information on the KM20 website, the store presents such French brands as Charlotte Chesnais, Nina Ricci, Lemaire and so on.

The suspension of shipments was also confirmed by the representative of the KM20 concept store (created by the wife of the shareholder of the Capital Group development company Pavel To Olga Karput), which sells Jacquemus products. According to him, according to a letter from the company, it is prohibited by law to do business with Russian companies. Moreover, the store works with other independent designers who receive financial support from the Federation of the French Textile Industry, which strongly recommends refraining from working with Russian companies. Otherwise, the brands that are part of this organization risk being left without funding and receiving a fine of 30,000 euros. He did not explain what the designers were. According to the information on the KM20 website, the store presents such French brands as Charlotte Chesnais, Nina Ricci, Lemaire and so on.

Jacquem began his career as a fashion designer in 2009 at the age of 19, he founded 100% of the company he founded Jacquemus, which specializes in the sale of luxury women’s and men’s clothing, footwear and accessories. In 2018 (no later data), its revenue amounted to over 11 million euros. Jacques himself said that in 2019 she earned more than 25 million euros. The request to Jacquemus went unanswered.

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