 | |
| Industry | Clothing |
|---|---|
| Founded | 1988 |
| Headquarters | Istanbul, Turkey |
Number of locations | 480+ stores (2019) |
Area served | Worldwide |
Key people | Gülden Yılmaz |
| Products | Clothing |
| Revenue | $660 million (2023) |
| Owners | Gülden Yılmaz |
Number of employees | 11,500 |
| Website | www |
Koton is a Turkish multinational clothing company. [1] As of 2015, the chain had over 480 retail stores in 28 countries. [2]
Koton started in 1988 with a 25-square-metre (270 sq ft) store in Kuzguncuk. [3] On May 10, 2024, the company went public with the code "KOTON" and started trading on Borsa Istanbul on July 9, 2024. The public offering size of the company, of which 16.5 percent of its shares were listed on the stock exchange, was 4.17 billion liras. [4]
Koton has stated that it plans to increase its use of recycled materials in packaging by 50% in 2024. It also plans to use only renewable energy in its facilities by 2023, and be carbon neutral by 2040. [3]
Koton continues its operations in Russia despite the ongoing invasion of Ukraine and the imposition of international sanctions against Russia. [5] [6] In May 2023, Koton’s Business Development Director, Almaz Shireev, announced at the Mallpic exhibition plans to expand significantly in Russia, aiming to open over 100 new stores by 2027. [7] This move starkly contrasts with the global trend of companies withdrawing or scaling back operations in Russia in response to its unprovoked aggression against Ukraine. [8] Koton’s decision to not only remain in the Russian market but also triple its retail [9] has drawn criticism, as it is seen as prioritizing profit over ethical considerations. The company's continued presence and expansion in a country responsible for widespread civilian casualties and violations of international law underscore a disregard for the global effort to isolate Russia economically and diplomatically. Critics argue that such actions undermine sanctions and provide a financial lifeline to a regime engaged in ongoing aggression. [10] [11] [12] [13]
Metro AG is a German multinational company based in Düsseldorf which operates business membership-only cash and carry stores primarily under the Metro brand. As of March 2024, Metro is operating 626 wholesale stores in 21 countries, including Europe and Pakistan.
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"Do not buy Russian goods!" or "Boycott Russian goods!" is a nonviolent resistance campaign to boycott Russian commerce in Ukraine. The protest started on 14 August 2013 as a reaction to a Russian trade embargo against Ukrainian goods. It was organized by Vidsich on social media. The campaign expanded to mass distribution of leaflets, posters, and stickers in over 45 cities and towns. Having faded by the beginning of the Euromaidan demonstrations in November 2013, it was renewed on 2 March 2014, during the annexation of Crimea by the Russian Federation and the Russo-Ukrainian War.
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Russian sabotage in Ukraine is a set of actions planned, organized, and implemented by Russian special services in Ukraine with the help of local Russian agents of influence, pro-Russian separatists, trained political tourists from Russia, Russian saboteurs, and FSB officers since the end of February 2014. The aim of the Russian sabotage is to destabilize the political situation in Ukraine after the Revolution of Dignity, provoking interethnic and interregional conflicts, strengthening Russian separatist forces in Donbas. These subversive actions are part of the Russian information war against Ukraine and direct military aggression — annexation of Crimea by the Russian Federation.
Stop Bloody Energy project is a global initiative of Ukrainian energy companies aimed at refusing to buy Russian energy resources and cooperating with Russia in the energy sector due to its war against Ukraine. The project was launched by Rinat Akhmetov's private company DTEK and the state-owned companies Naftogaz and Ukrenergo.
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