Category Archives: Russia

Russians Like Retail Therapy at the Mall

“The genius of America is capitalism.”  Whoever said that may have given away America’s secret sauce.  Turns out, that great American concept known as the shopping mall is a hit everywhere.  Our long-demonized frenemies, the Russians, are making up for lost time by exercising their pent up capitalist pangs through a little retail therapy at the mall.  And why not?  Who doesn’t like a good food court next to their movie theater next to The Gap?  We’ve taken it for granted for far too long, let the rest of the world experience the endless hours of joy spent aimlessly at the mall.  Russia being a bigger country, is trying to maximize the mall.  Shoppers who find that 250 stores aren’t enough can go ice skating, watch movies or even ride a carousel, all under a single roof.  Not a bad way to spend a cold winter night in Moscow.  I guess you can say they are truly capitalist.  Vladimir who?

Read Andrew E. Kramer’s New York Times article here:

http://nyti.ms/ViKuew

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Russians Like Retail Therapy at the Mall

Russian Billionaire Goes BVI

One word:  Schmaht!  Alisher Usmanov, Russia’s richest person, moved control of most of his $20 billion fortune last year to a holding company based in the British Virgin Islands, a collection of more than 60 islands 5,600 miles away from Moscow.  Global economy right, plus the weather is nicer.

Read Robert La Franco and Alex Sazonov’s Daily Business Review article here:

http://bloom.bg/ZpN83R

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Russian Billionaire Goes BVI