
#Sanctions
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![Russia’s leader, Vladimir Putin, visits Uralvagonzavod, the country’s main tank factory in the Urals, in Nizhny Tagil on February 15, 2024. (Source: Getty Images) Russia’s leader, Vladimir Putin, visits Uralvagonzavod, the country’s main tank factory in the Urals, in Nizhny Tagil on February 15, 2024. (Source: Getty Images)]()
![Bharat Petroleum’s storage tankers are seen at sunset in Mumbai on December 8, 2022. (Source: Getty Images) Bharat Petroleum’s storage tankers are seen at sunset in Mumbai on December 8, 2022. (Source: Getty Images)]()
![In this pool photograph distributed by the Russian state agency Sputnik, Vladimir Putin inspects the “Zapad-2025” (West-2025) joint Russian-Belarusian military drills at a training ground in the Nizhny Novgorod Oblast. (Source: Getty Images) In this pool photograph distributed by the Russian state agency Sputnik, Vladimir Putin inspects the “Zapad-2025” (West-2025) joint Russian-Belarusian military drills at a training ground in the Nizhny Novgorod Oblast. (Source: Getty Images)]()
![An illustration depicting LVMH’s Grand Hotel Europe split between Louis Vuitton branding and military camouflage, highlighting its continued service to sanctioned Russian defense clients. (Source: Source: UNITED24 Media/Oleksandr Manukians) An illustration depicting LVMH’s Grand Hotel Europe split between Louis Vuitton branding and military camouflage, highlighting its continued service to sanctioned Russian defense clients. (Source: Source: UNITED24 Media/Oleksandr Manukians)]()
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Despite shuttering its other Russian businesses amid international sanctions, Bernard Arnault’s luxury conglomerate LVMH—owner of Louis Vuitton, Dior, and Bulgari—has kept its Grand Hotel Europe operational in St. Petersburg, Reuters reported on February 27.


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