Best Buy registers trademark in Russia

MOSCOW Best Buy has registered its Future Shop trademark in Russia, according to two business dailies.

Vedomosti, citing the government patent agency Rospatent, said Best Buy had entered its license application for Future Shop, a Canadian subsidiary, in 2006, but has never voiced any intention of opening stores in Russia.

Rospatent has registered the Future Shop brand and is still reviewing the application for the Best Buy trademark, Vedomosti reported.

Kommersant also reported that Best Buy had this month been granted Russian trademark rights for Future Shop.

Victoria's Secret and Japanese retailer Muji have also registered trademarks in Russia this month, Kommersant reported.