There will be no coming back! Nike says it is withdrawing completely from the Russian market

by time news

Nike has announced that their app and website will no longer be available in Russia.

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Trivandrum, First Published Jun 24, 2022, 3:41 PM IST

ENike, the world’s sportswear brand, has said it will not return to Russia and will close all its shops in Russia. The company had earlier suspended all shops in Russia following the Russian occupation of Ukraine. The company has made it clear that it will not return until the war continues.

Nike has announced that their app and website will no longer be available in Russia. The American brand Nike was forced to close down by the Joe Biden administration.

On February 24, Russian President Vladimir Putin sent troops to Ukraine. This was followed by a major setback in the country’s economy. Many companies, including H&M, Adidas, and McDonald’s, have closed business in Russia.

Last Updated Jun 24, 2022, 3:41 PM IST

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