![\"アングル：ロシア小売市場、西側ブランド復帰なら競争激化で新たな試練に\"\/](\"https:\/\/www.wacoca.com\/news\/wp-content\/uploads\/2025\/03\/WDDNM72IDZJIZA2HH3GCTAUE24.jpg\")
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[\u30e2\u30b9\u30af\u30ef \uff12\uff16\u65e5 \u30ed\u30a4\u30bf\u30fc] – \u3000\u3000\u30c8\u30e9\u30f3\u30d7\u7c73\u653f\u6a29\u304c\u30ed\u30b7\u30a2\u3068\u30a6\u30af\u30e9\u30a4\u30ca\u306e\u505c\u6226\u5408\u610f\u3092\u6025\u3050\u4e2d\u3067\u3001\u897f\u5074\u30d6\u30e9\u30f3\u30c9\u4f01\u696d\u306e\u30ed\u30b7\u30a2\u5e02\u5834\u3078\u306e\u5fa9\u5e30\u306e\u53ef\u80fd\u6027\u304c\u53d6\u308a\u3056\u305f\u3055\u308c\u3066\u3044\u308b\u3002\u305f\u3060\u8863\u6599\u54c1\u304b\u3089\u81ea\u52d5\u8eca\u307e\u3067\u3001\u30ed\u30b7\u30a2\u5e02\u5834\u306f\u897f\u5074\u4f01\u696d\u304c\u64a4\u9000\u3057\u305f\uff13\u5e74\u524d\u3088\u308a\u3082\u7af6\u4e89\u74b0\u5883\u304c\u53b3\u3057\u3044\u3088\u3046\u306b\u898b\u3048\u308b\u3002<\/p>\n
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\uff12\uff10\uff12\uff13\u5e74\u7d42\u76e4\u306b\u30e2\u30b9\u30af\u30ef\u8a3c\u5238\u53d6\u5f15\u6240\u3078\u306e\u4e0a\u5834\u3092\u679c\u305f\u3057\u305f\u30ed\u30b7\u30a2\u306e\u7d33\u58eb\u670d\u30c1\u30a7\u30fc\u30f3\u3001\u30d8\u30f3\u30c0\u30fc\u30bd\u30f3(HNFG.MM), opens new tab\u306f\u3001\u5e7e\u3064\u304b\u306e\u897f\u5074\u5c0f\u58f2\u4f01\u696d\u304c\u64a4\u9000\u3057\u305f\u3053\u3068\u304c\u4e8b\u696d\u62e1\u5927\u306e\u8ffd\u3044\u98a8\u306b\u306a\u3063\u305f\u3068\u660e\u304b\u3059\u3002\u4e3b\u306a\u7406\u7531\u306f\u3001\u30b7\u30e7\u30c3\u30d4\u30f3\u30b0\u30bb\u30f3\u30bf\u30fc\u306e\u300c\u4e00\u7b49\u5730\u300d\u3092\u897f\u5074\u4f01\u696d\u306e\u4ee3\u308f\u308a\u306b\u78ba\u4fdd\u3067\u304d\u308b\u3088\u3046\u306b\u306a\u3063\u305f\u3053\u3068\u3060\u3068\u3044\u3046\u3002<\/p>\n
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\uff1c\u4e2d\u56fd\u52e2\u3082\u7a74\u57cb\u3081\uff1e<\/p>\n
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