Holland & Barrett Russian oligarch backers stand down from investor board following sanctions

Holland and Barrett store

Holland & Barrett has insisted its operations will not be impacted by sanctions placed on its Russian oligarch backers, who have now stepped down from its owner’s board.

Mikhail Fridman, along with his business partner Petr Aven, has been sanctioned by the European Union following the invasion of Ukraine because of their connections to Russian president Vladimir Putin.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading

Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on Retail-Week.com
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.