Articles by Olga Promptova



Hunt for Toys Leads to Retail Chain

Malenky Geny, a three-outlet chain of educational toy stores, has been far more successful than its owner, Albina Yermakova, could have ever expected.

Entrepreneur Trades Bird Feathers for Videos

From chemistry to taxis to magazines to ostrich feathers, entrepreneur Mikhail Zalishchansky worked in a lot of different professions before making it big in videos.

Benetton Buys Retail Space For New Shopping Complex

Italian group Benetton has purchased the Krasnopresnensky department store and the adjacent buildings.

New Owner Streamlines TsUM

The Tsentralny Universalny Magazin, or TsUM, in the center of Moscow has a new shareholder.

Unilever Starts Food Fight Over Viennetta Trademark

Consumer goods giant Unilever, owner of the Viennetta brand, is taking legal action against Metelitsa for trademark infringement over the Moscow firm's Venetsiya ice cream.

Eastbridge Shuts Down Office

Eastbridge, a leading retailer of clothing, footwear and furniture in Europe, closed its Russian office.

Luzhkov Moves Against Underpass Kiosks

Mayor Yuri Luzhkov has cited August's Pushkin Square bombing in ordering a limitation in the range of goods that can be sold in Moscow's pedestrian underground walkways.

Need Inspiration? Try DovganТs Tapes

Vladimir Dovgan, the flamboyant entrepreneur, is lurching into a new project: selling inspirational and self-improvement audio recordings via an army of fanaticized recruits.

New Code Sets 35% Tax on Prizes

Lovers of prizes and lotteries could be in for an unpleasant shock come the new year.

Good-bye Color, Good-bye Profits

These are troubled times for the Tom Klaim fashion label.

Consumer Spending Nearing Т97 Levels

The State Statistics Committee retailers' confidence index has finally reached pre-crisis levels.

Firm Finds Fast-Food Success Easy as Pie

New fast-food networks are starting to emerge from the rubble of the 1998 ruble devaluation to take their place in among the multitude of nameless pies and hot dogs.

Firms Investing in Prison Work Unite

Locally Made Bicycle Hits the Streets

Women in Business

14 Faces of Real Georgian Borzhomi

Hotel and Retail to Highlight Pedestrian Lane

Location Can Help Define a Corporate Image

Labor Code Shakes Soviet Ways

Disguised Commercials Riddle Russian TV