The Russian government has issued regulations authorizing importation into Russia of specified luxury items without the consent of the relevant trademark owners, in an apparent effort to circumvent Western sanctions prohibiting the supply to Russia of such items. Such imports, known as “parallel imports” or “gray market” activity, present legal and reputational risk for luxury brand companies to the extent their products are diverted to Russia.
Originally published in August 2022 in Bloomberg Law Professional Perspectives.
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