RUSSIA’S OUT: Russia will no longer be the guest national at the January edition of the Pitti Uomo trade show in Florence. Pitti Immagine said the change was confirmed by an official letter from the Russian Fashion Council, which had been coordinating the project with Russia’s ministry of industry and commerce.

“Well-known currency issues — the collapse of the value of the ruble, which, over the last few days, has plummeted even further — and the economic crisis the country is experiencing” have compromised Russia’s ability to participate in Pitti events as planned, the trade-show organizer noted. Pitti and the Russian Fashion Council have agreed to reconsider a special collaboration in the future, when economic conditions improve.

This story first appeared in the December 31, 2014 issue of WWD.  Subscribe Today.

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