• Latest
  • Trending
  • All
  • Industry
  • Compliance
  • Global Trade
  • Industry
  • Sustainability & Ethics
  • Video
  • Security & Risk
Night view of Harrods department store in London, illuminated with Christmas lights. Black cabs are parked in front. - Supply Chain News

Harrods Implements Sales Restrictions on Luxury Goods to Russia in Compliance with UK Sanctions

05/17/2022
Vietnam’s Garment and Textile Sector Strengthens Footprint in Canadian Market

Vietnam’s Garment and Textile Sector Strengthens Footprint in Canadian Market

01/06/2026
U.S. Delays Tariff Hikes on Imported Furniture and Cabinets Amid Trade Talks

U.S. Delays Tariff Hikes on Imported Furniture and Cabinets Amid Trade Talks

01/05/2026
2025 Peak Retail Season Delivers One of the Strongest Markets for Trucking in Year

2025 Peak Retail Season Delivers One of the Strongest Markets for Trucking in Year

01/03/2026
Saudi Arabia’s New Data Hub Project Could Transform Digital Logistics Infrastructure

Saudi Arabia’s New Data Hub Project Could Transform Digital Logistics Infrastructure

01/02/2026
U.S. Postpones Tariff Hikes on Imported Wood Products, Easing Immediate Supply Chain Pressure

U.S. Postpones Tariff Hikes on Imported Wood Products, Easing Immediate Supply Chain Pressure

01/02/2026
White House Pushes Back Tariff Increases on Furniture and Wood Products

White House Pushes Back Tariff Increases on Furniture and Wood Products

01/05/2026
Caribbean Offshore Growth Spurs Push for New Logistics Hub Development

Caribbean Offshore Growth Spurs Push for New Logistics Hub Development

12/31/2025
U.S. Pressure on Venezuela Disrupts Regional Logistics and Trade Flows

U.S. Pressure on Venezuela Disrupts Regional Logistics and Trade Flows

12/30/2025
Warehousing Sector Calls for Fresh Economic Strategy to Match Supply Chain Realities

Warehousing Sector Calls for Fresh Economic Strategy to Match Supply Chain Realities

12/30/2025
India’s GST 2.0 Reform Set to Drive Faster, Cheaper and More Reliable Logistics

India’s GST 2.0 Reform Set to Drive Faster, Cheaper and More Reliable Logistics

12/29/2025
LTL Freight Set for Potential Rebound in 2026, but Uncertainty Looms

LTL Freight Set for Potential Rebound in 2026, but Uncertainty Looms

12/29/2025
Vietnam Urged to Clear Logistics Bottlenecks to Strengthen Supply Chain Competitiveness

Vietnam Urged to Clear Logistics Bottlenecks to Strengthen Supply Chain Competitiveness

12/29/2025
supplychainreport
Tuesday, January 6, 2026
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars
No Result
View All Result
supplychainreport
No Result
View All Result

Harrods Implements Sales Restrictions on Luxury Goods to Russia in Compliance with UK Sanctions

by Raxer X.
05/17/2022
in Compliance, Sanctions

Harrods, a renowned British department store, has announced its decision to cease the sale of high-end luxury products valued at over $370 to customers residing in Russia. The move is in response to the UK government’s ban on the export of certain luxury goods to Russia.

Harrods has proactively reached out to customers whose information indicates that they might be affected by the export restrictions, ensuring that they are aware of the new purchasing limitations at the upscale establishment.

YOU MAY ALSO LIKE

Logistics Sector Highlights Importance of Noise Monitoring to Safeguard Workers and Operations

Commonwealth Capital Expands Food Services, Strengthens Resilience in Competitive Market

In an official statement provided to Insider, Harrods stated that these restrictions have been put in place to align with the sanctions imposed by the UK government against Russia. The store emphasized that the UK authorities have introduced additional regulations, specifically targeting the sale of specific categories of luxury goods. This encompasses goods exceeding a certain value, typically around £300, and applies to customers who are presently or typically residing in Russia.

The UK government’s sanctions, introduced in March, encompass a range of “high-end luxury goods” and include items like luxury automobiles, high-fashion products, and artwork.

To ensure compliance with these regulations, Harrods conducted a review of its customer database to identify individuals who may be impacted by the restrictions. Customers were also given the opportunity to update their information if necessary. Importantly, Harrods clarified that these measures are based on address and contact details, as well as previous transaction delivery data, rather than nationality.

Dan Webster, the group general counsel at Harrods, emphasized, “The recent steps taken by Harrods are to comply with the law, and this applies to all retailers of luxury goods in the UK.”

When questioned by Insider, Harrods did not specify which luxury items are subject to the export ban.

It’s worth noting that this decision comes after Harrods faced criticism in the House of Commons for selling a high-priced brand of Russian vodka, which had garnered attention for being discreetly positioned in the store.

Harrods, recognized as one of the United Kingdom’s most iconic luxury department stores, boasts an extensive collection of over 5,000 brands in its inventory, as detailed on its official website.

Stay updated with the latest in supply chain news at The Supply Chain Report. For free international trade tools, visit ADAMftd.com.

#Harrods #UKSanctions #LuxuryGoods #RussiaExportBan #HighEndProducts #LuxuryRetail #SanctionCompliance #LuxuryShopping #UKRetailers #SupplyChainNews #HarrodsUpdate #DepartmentStore #LuxuryMarket #InternationalTrade

ShareTweet

Share Your News

Whether it’s a groundbreaking achievement, a heartwarming tale, or an insightful perspective, we want to hear it. Share your news with us, and let’s amplify your voice in the digital symphony of stories.

Submit

A man is riding a bike on a hill.

The Supply Chain Report is your essential daily news website, serving as a trusted source for comprehensive coverage of the complex and ever-evolving global supply chain dynamics. Our expert team delves into the intricacies of international trade, manufacturing, logistics, importing, exporting, and supply chain management; providing in-depth analysis and up-to-date news on the latest trends, disruptions, and technological advancements affecting industries worldwide. From detailed reports on international trade through to insights into procurement strategies and inventory management, we offer valuable content that helps professionals stay informed and make knowledgeable decisions in a fast-paced market.

Each day, we bring you cutting-edge news and expert commentary that dissect significant international trade and supply chain issues Our coverage spans a wide array of sectors including manufacturing, retail, healthcare, food, consumer goods, and technology, ensuring that no matter your field, you have the strategic information needed to navigate the challenges and opportunities of today’s supply chain landscape. By synthesizing complex data and presenting actionable insights, The Supply Chain Report empowers business leaders, policymakers, and logistics professionals to optimize their operations and drive forward with confidence in an interconnected world.

Connect With Us

  • About
  • Events
  • Privacy Policy
  • Contact Us

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.

No Result
View All Result
  • Home
  • Industry
    • Supply Chain
    • Logistics & Transportation
    • Importing & Exporting
    • Manufacturing
    • Warehousing & Distribution
  • Compliance
    • Supply Chain Transparency
    • Anti-Money Laundering (AML)
    • Know Your Customer (KYC)
    • Risk Management
    • Export Controls
    • Sanctions
  • Global Trade
    • Market Trends
    • Economic Indicators
    • Sourcing
    • Trade Policies
    • International Relations
    • Trade Agreements
    • Tariffs & Duties
    • Import/Export Statistics
  • Luxury Goods
  • Industry
    • Blockchain in Supply Chain
    • Importing & Exporting
    • Automation & Robotics
    • Artificial Intelligence in Trade
    • Data & Analytics
  • Sustainability & Ethics
    • Green Supply Chains
    • Sustainable Logistics
    • Ethical Sourcing
    • Corporate Social Responsibility
    • Environmental Policies
  • Security & Risk
    • Cybersecurity in Trade
    • Fraud & Scams
    • Risk Mitigation
    • Security Protocols
    • Data Protection
  • ITC News
    • ITC Featured Members
    • ITC Business Councils Highlights
  • Events
    • Upcoming Conferences
    • Upcoming FREE Educational Webinars

© 2024 International Centre for Trade Transparency Limited. Incorporated in the United Kingdom.