What you need to know
- Russia's largest premium reseller of Apple products has closed its stores.
- It comes from a need to assess the market because of sanctions and inflation in the country.
- Apple has stopped selling products in the country and resellers are battling skyrocketing prices because of inflation.
Apple's largest premium reseller in Russia has announced it is temporarily closing its stores to assess market conditions because of the ongoing impact of sanctions in the country.
It follows Apple's decision to stop selling products in the country alongside other measures to limit its services and operations in the country. It also follows news that resellers who have continued to operate in the country are battling skyrocketing prices caused by sanctions that are leading to massive inflation in the country.
Re:store operates 44 stores in total, mostly in Russia but also one store in Prague and a store in Kyiv, all of the stores are listed as temporarily closed on its website. The store offers customers Apple's entire range of products including its best iPhone, the iPhone 13, Apple Watch Series 7, iPads, Macs, and a slew of accessories and gadgets from Apple and other third parties.
The store is an official premium reseller partnered with Apple, and also offers servicing and repairs on products as an Authorized Apple Service Center.
On Tuesday, Apple announced it was halting sales of its products in the country, as well as limiting services such as Apple Pay and its Maps app in Ukraine.
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Stephen Warwick has written about Apple for five years at iMore and previously elsewhere. He covers all of iMore's latest breaking news regarding all of Apple's products and services, both hardware and software. Stephen has interviewed industry experts in a range of fields including finance, litigation, security, and more. He also specializes in curating and reviewing audio hardware and has experience beyond journalism in sound engineering, production, and design.
Before becoming a writer Stephen studied Ancient History at University and also worked at Apple for more than two years. Stephen is also a host on the iMore show, a weekly podcast recorded live that discusses the latest in breaking Apple news, as well as featuring fun trivia about all things Apple. Follow him on Twitter @stephenwarwick9