Magnolia Bakery decided that now — in the midst of a $9.5 billion ban on many international foods, including McDonald's — is the time to bring cupcakes to Moscow. The bakery recently opened its eighth shop abroad, and is planning to bring four or more outposts to Moscow in the next few years. As for that ban on foreign ingredients, owner Steve Abrams says the bakery will be "fine with local ingredients." [Bloomberg via GS]
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