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Nike announced withdrawal from Russian market

... Lyudmila Semushina, in turn, noted the fact of the termination of supplies and the shortage of goods of the American brand. According to her, in such a situation, it becomes impossible to maintain the work of mono-brand stores, which leads to their closure. The representative of the American brand, commenting on the current situation, noted that Nike has already made a decision not only not to renew existing partnerships, but also not to create the new ones. At the moment, business activity in Russia has been suspended, but despite this, employees continue to receive salaries, Vedomosti reports. Over the past spring, the number of Nike mono-brand stores in Russia has already halved, and some of them have been permanently closed.

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