Some independent Nike stores remain open in Russia over a week after closure announcement
Reuters
Published Mar 11, 2022 12:01PM ET
Updated Mar 12, 2022 05:05PM ET
(This March 11 story corrects to say "at least six independent stores" instead of "many" stores; adds details on Nike (NYSE:NKE)'s March 3 statement about suspension of operations in Russia)
By Richa Naidu
LONDON (Reuters) - At least six independent Nike stores in Russia were open on Friday afternoon, according to checks made by Reuters, more than a week after the world's biggest sports retailer said it was temporarily closing all its shops in the country.
Beaverton, Oregon-based Nike said the stores that were open are owned and operated by independent partners.
Nike said on March 3 that it would temporarily suspend operations at all its Nike-owned and -operated stores in Russia, joining several Western brands that did so following Moscow's invasion of Ukraine.
Reuters could not immediately determine the total number of independent, partner stores that were open on Friday. Nike has roughly 100 stores in the Russian Federation, according to the store directory on its website, which showed that all of them were "open." A Nike spokesperson said Friday that Nike is "updating" its online store locator "to reflect our store closures."
Days prior to Nike's announcement that stores would temporarily close, Nike made merchandise purchases on its website and app unavailable in Russia and directed its customers in the country to brick-and-mortar stores instead.
Nike is providing continuity pay for employees in the stores it closed, the Nike spokesperson said Friday.
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Written By: Reuters
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