Which brands are included in ecco:
Ecco family brand
What the ecco company makes:
Manufacturer of shoes, leather, accessories and small leather goods.
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March 29, 2022 - the official channel of Dubilet:
"We continue to put pressure on foreign companies that are delaying the termination of business in Russia.
I invite Ukrainians and friends of Ukraine to two more pickets on March 31.
Copenhagen, ECCO picket.
The Association of Ukrainians in Denmark invites you to take part in a picket against the company, which still sells its shoes in 250 stores in various cities of the Russian Federation."
Source
May 9, 2022 - finance:
Image dimension: the company's attitude towards Russian business undermines the reputation of the shoe group.
"The shoe group Ecco has been criticized for continuing to operate in the Russian market after Putin's invasion of Ukraine. Now a new image review shows the company's reputation has plummeted after historically being one of the best in the country.
Adm. Ecco director Panos Mytaros previously explained the presence by wanting to protect his employees in Russia and also wanting to separate business and politics.”
Source
July 6, 2022 – ekstrabladet:
The Royal House drops Ecco.
"The announcement does not describe what is behind the royal house's decision. But the company has come under fire in recent months for continuing to do business in Russia after that country's attack on Ukraine.
In Denmark, several dealers refused to cooperate with the company due to the fact that the company continues to be present in Russia. Among other things, Magasin and the Euro Sko chain have decided to remove Ecco shoes from the shelves.
Source
Who has not left the Russian market? July 29, 2023 - kse institute:
"Eko stops investments in Russia. Importgenius: The company exported to Russia (importer LLC "EKKO-ROS")."
Source
Has ECCO left the Russian market? August 20, 2024 - Yale School of Management:
A bit of background to the fact check source:
“We have a team of experts with experience in financial analysis, economics, accounting, strategy, management, geopolitics and Eurasian affairs, fluent in ten languages, including Russian, Ukrainian, German, French, Italian, Spanish, Chinese, Hindi, Polish and in English, collecting this unique set of data from open sources such as government regulatory documents, tax documents, company reports, financial analysts' reports, Bloomberg, FactSet, MSCI, S&P Capital IQ, Thomson Reuters and business media from 166 countries; as well as non-public sources, including a global wiki-style network with more than 250 company insiders, informants and management contacts. ”
Company status according to the analysis: suspend new investments still operating in Russia
Source
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