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Some independent Nike stores remain open in Russia over a week after closure announcement

Avisionews by Avisionews
March 13, 2022
in Business
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Many Nike stores remain open in Russia over a week after closure announcement
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A buyer is mirrored in a store window adorned with Nike retailer emblem on the outlet village Belaya Dacha outdoors Moscow, Russia, April 23, 2016. REUTERS/Grigory Dukor

LONDON, March 11 (Reuters) – Not less than six impartial Nike shops in Russia had been open on Friday afternoon, based on checks made by Reuters, greater than every week after the world’s largest sports activities retailer mentioned it was quickly closing all its retailers within the nation.

Beaverton, Oregon-based Nike mentioned the shops that had been open are owned and operated by impartial companions.

Nike mentioned on March 3 that it will quickly droop operations in any respect its Nike-owned and -operated shops in Russia, becoming a member of a number of Western manufacturers that did so following Moscow’s invasion of Ukraine. learn extra

Reuters couldn’t instantly decide the whole variety of impartial, associate shops that had been open on Friday. Nike has roughly 100 shops within the Russian Federation, based on the shop listing on its web site, which confirmed that each one of them had been “open.” A Nike spokesperson mentioned Friday that Nike is “updating” its on-line retailer locator “to replicate our retailer closures.”

Days previous to Nike’s announcement that shops would quickly shut, Nike made merchandise purchases on its web site and app unavailable in Russia and directed its clients within the nation to brick-and-mortar shops as a substitute.

Nike is offering continuity pay for workers within the shops it closed, the Nike spokesperson mentioned Friday. learn extra

(This March 11 story corrects to say “not less than six impartial shops” as a substitute of “many” shops; provides particulars on Nike’s March 3 assertion about suspension of operations in Russia.)

Reporting by Richa Naidu in London; Extra reporting by Arriana McLymore in New York; Enhancing by Vanessa O’Connell, Nick Zieminski and Will Dunham and Daniel Wallis

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Tags: announcementclosureindependentNikeOpenremainRussiastoresWeek
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