Condoms sales explode in Russia..!?
The Russian military, led by Vladimir Putin, has been waging war on ukraine and occupying many areas, despite warnings from the rest of the world to seize control of Ukraine. Sales of condoms in russia have risen to an all-time high of 170 percent. Sudden rise in Condom price? The world's leading countries like the united states and britain have imposed various sanctions on russia due to its war on russia and Ukraine. This pushed russia to the point where it could no longer trade with the rest of the world.
As a result, foreign companies trading in russia subsequently closed their businesses and decided to leave the country. Reckitt, one of the pharma companies in the UK, continues to trade despite the departure of a number of companies, from Goldman Sachs to McDonald's. This company manufactures and sells Durex condoms.
In this case, there is a situation where the ban can be imposed at any time. At this point, people are buying and stockpiling more and more condoms for future use. As a result, condom sales in Russia's Wildberries online retail site increased by about 170 percent in the first two weeks of march alone.Reckitt's condom sales increased by 36.6 percent, while condom prices increased by 50 percent due to high demand in supermarkets, and sales increased by 30 percent. Foreign markets account for 90 percent of Russia's total condom sales market.