COVID–19 NEWS   Spain’s Queen catches COVID-19 amid countrywide spike in infections | S Korea’s new COVID-19 cases bounce back to over 10,000 amid resurgence woes | Italy's COVID-19 transmission rate rises for 4th consecutive week | N Korea's first COVID-19 cases traced to area bordering S Korea: State media | COVID: Rise in new infections, drop in death cases last week - Health DG | 

US sportswear firm Nike leaving Russian market permanently

24/06/2022 09:50 AM

ANKARA, June 24 (Bernama) -- United States (US) sportswear firm Nike said on Friday it has decided to permanently leave the Russian market, more than three months after the firm suspended its operations in the country amid Moscow's war on Ukraine.

"NIKE, Inc. has made the decision to leave the Russian marketplace. Our priority is to ensure we are fully supporting our employees while we responsibly scale down our operations over the coming months," a Nike spokesperson told Anadolu Agency (AA) via email.

" and the Nike mobile app will be no longer available in this region. Nike stores recently temporarily closed and will not open again," the company also said in a statement posted on its Russian website

The company announced last month it will not be renewing licensing agreements with Russian retailers, after suspending its operations in Russia in early March due to the war in Ukraine.

Major companies from various sectors around the world have announced the suspension of their operations and withdrawal from the Russian market since Feb 24 while the Western countries have imposed heavy sanctions on hundreds of Russian companies and individuals.


Bernama is the trusted source of reliable real-time comprehensive and accurate news for both the public and media practitioners. Our news is published at ; BERNAMA TV on: Astro Channel 502, unifi TV Channel 631, MYTV Channel 121 IFLIX; and Bernama Radio broadcasting locally on FM93.9 in Klang Valley, Johor (FM107.5), Kota Kinabalu (FM107.9) and Kuching (FM100.9).

Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter :, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial

© 2022 BERNAMA   • Disclaimer   • Privacy Policy   • Security Policy