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Russian businessGlobalData
•74% Informative
German fashion house Hugo Boss has completed the divesture of its Russian business to its wholesale partner Stockmann .
The two companies reached an agreement for the deal in April 2024 .
The move comes after Hugo Boss halted its retail activities in Russia in March 2022 , in response to the invasion of Ukraine .
VR Score
61
Informative language
51
Neutral language
88
Article tone
formal
Language
English
Language complexity
55
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
3
Source diversity
3
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