Home Luxury brand Harrods imposes sanctions on Russian buyers

Harrods imposes sanctions on Russian buyers

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First their yachts were seized, then their assets were frozen. Now, in perhaps the most painful blow yet, Russians have been told they can’t buy from Harrods – not seriously, anyway.

The Telegraph can reveal the Knightsbridge department store has contacted Russian customers warning them it will no longer sell them ‘luxury goods’ worth more than £300.

The move, the outlet said, is to comply with sanctions introduced following Vladimir Putin’s invasion of Ukraine.

This means items ranging from jewelry and designer clothes to furniture and gym equipment are now banned, but it’s unclear whether Harrods’ famous food baskets, which can cost up to £1,000 £, would also be on the banned list.

The £300 limit will leave Russian shoppers with little choice when it comes to designer handbags, meaning they may have to settle for the Harrods-branded green backpack with the Jacob the Bear motif (only £35). Most cashmere scarves in the store would also be banned.

The Qatar-owned store combed through its customer database, distinguishing those who have a Russian phone number or who said they live in the country.

An email from the store to a wealthy Russian, which was seen by The Telegraph, said: ‘As you may be aware, the UK authorities have introduced new regulations as part of their ongoing sanctions against Russia that specifically target the sale of luxury goods. goods.

“The regulations seek to prohibit the supply of many categories of luxury goods above certain values ​​(usually £300) to persons who are currently or habitually located in Russia.”