Nike makes full exit from Russia after suspending operations
Nike will fully shut down its operations in Russia, joining other international companies that have withdrawn from the country after its brutal invasion of Ukraine
Your support helps us to tell the story
Our mission is to deliver unbiased, fact-based reporting that holds power to account and exposes the truth.
Whether $5 or $50, every contribution counts.
Support us to deliver journalism without an agenda.
Louise Thomas
Editor
Nike will fully shut down operations in Russia, joining other international companies that have withdrawn from the country after its brutal invasion of Ukraine.
Nike Inc. suspended operations three months ago at all of its company-owned and operated stores in Russia but like other major corporations, has attempted to avoid exposing employees to hardship during a complete withdrawal.
The Russian newspaper Vedomosti reported last month that Nike had ended its relationship with Inventive Retail Group, its largest franchisee in the country.
“Our priority is to ensure we are fully supporting our employees while we responsibly scale down our operations over the coming months,” the sports apparel maker said Thursday.
McDonald’s and Starbucks, after suspending operations, also fully withdrew from Russia in recent weeks.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.