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Nike Makes Decision on Doing Business in Russia

Nike announced Thursday it will end all business operations in Russia following the nation’s invasion of Ukraine. 

The company announced in March a then-temporary suspension of business in Russia.

“NIKE has made the decision to leave the Russian marketplace,” the company said in a statement via Reuters. “Our priority is to ensure we are fully supporting our employees while we responsibly scale down our operations over the coming months.”

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Nike had more than 100 stores operating in Russia prior to the invasion of Ukraine, per Bloomberg. It is the latest United-States-based company to leave Russia this year, including McDonald’s, Starbucks and HP. 

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