Nike Exits Russia

BEAVERTON, Ore. – (AP) Nike will fully shut down its operations in Russia, joining other international companies that have withdrawn from the country after its invasion of Ukraine.

Nike Inc. suspended operations three months ago at all of its company-owned and operated stores in Russia but like other major corporations, has attempted to avoid exposing employees to hardship as it does so”Our priority is to ensure we are fully supporting our employees while we responsibly scale down our operations over the coming months,” the sports apparel maker said Thursday.

More about: