Sportswear Nike The Latest Brand To Leave Russia

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Sportswear Nike The Latest Brand To Leave Russia

BBC is reporting United States Sportswear Nike has announced plans to leave Russia.

The company’s website says Nike has more than 50 stores in Russia.

The development makes the company the latest Western brand to quit the country since the invasion of Ukraine in February earlier this year.

In March the company stopped online orders and closed the stores in the country.

Reports also indicate other companies have finalised plans to leave Russia in recent weeks.

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