The corporate retreat from Russia that followed the 2022 invasion of Ukraine was never as clean or swift as the initial wave of announcements suggested. Four years on, many companies are still completing exits they declared in the first weeks of the conflict. Trussardi, the Milan-based fashion house, finalised its Russian withdrawal in early April 2026, closing the last of its business units after a phased wind-down that exposed how structurally difficult departure from Russia had become.
