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Some independent Nike stores remain open in Russia over a week after closure announcement

Published Mar 11, 2022 12:01PM ET Updated Mar 12, 2022 05:05PM ET
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© Reuters. FILE PHOTO: A customer is reflected in a shop window decorated with Nike store logo at the outlet village Belaya Dacha outside Moscow, Russia, April 23, 2016. REUTERS/Grigory Dukor
 
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(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.

Some independent Nike stores remain open in Russia over a week after closure announcement
 

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Comments (5)
John Hat
John Hat Mar 14, 2022 1:23AM ET
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Nike puts profit above blood, from Ukraine to China.
John Laurens
John Laurens Mar 12, 2022 10:36PM ET
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because nike is a lying, disgusting fascist company.. don't ever trust nike for anything!
Marcus Bennett
Marcus Bennett Mar 12, 2022 6:33PM ET
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Kobe Bryant & the nba, nike deal is still pending. the market this year is going through a recession if things are dealt with correctly
Chuck Kay
ChuckKay Mar 12, 2022 5:43PM ET
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More than 330 companies have completely suspended operations or withdrawn in Russia.  I hope that global menace named Putin is happy.
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Chuck Kay
ChuckKay Mar 12, 2022 5:43PM ET
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New Jazenevc    Putin is like a schoolyard bully on a grand scale in my opinion.  Second, there is no justification for killing innocent civilians.  Third, just because historically wars were fought for land grabs or whatever, they have always been at great cost in terms of senseless loss of life.   If humanity does not learn from mistakes of the past, how good is the future of humanity?
Chuck Kay
ChuckKay Mar 12, 2022 5:43PM ET
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New Jazenevc    Well, I personally don't view war as a game to be won or lost.  The cost is too high in terms of lives lost.  Mistakes of the past ought to serve as lessons to not be repeated.  As for contests of strength, let them take place at the Olympics and in sport competition where they belong.  War is immoral in my view.  As for Putin himself, I think he is poorly educated and shame on him.  As for businesses pulling out of Russia, it is because the greater international community disapproves of Putin's war, and it is an expression of that disapproval.
Chuck Kay
ChuckKay Mar 12, 2022 5:43PM ET
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New Jazenevc  Well, because of Putin's war its customers are going to get more energy independent--which means Russia will take a long term hit economically.  That will be a cost and consequence that Russia suffers long term--as funding a war machine is not any country wants to do.  Some of the current sanctions will also stay in place, and they currently continue to grow all the time.  They will also a be a long term cost for Russia.  Some multinational businesses will also pull out of Russia and will remain that way.  Never mind all of the Russians that go home in body bags.
Chuck Kay
ChuckKay Mar 12, 2022 5:43PM ET
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New Jazenevc  But Ukraine forces were thought to have not been able to survive more than a few days.  Hence, I dont think Russia is very strong at all.  They look pretty bad to be honest, and not only have a lot of Russians been killed already, but the reputation of their military has sunk.
Chuck Kay
ChuckKay Mar 12, 2022 5:43PM ET
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New Jazenevc    Also, Putin's own government could be toppled.  Kremlin elites, plus the Russian military and the country's security officers are currently believed to probably be a source of problems for him.  Also, the Russian people are furious at their currently crashing living standards.
Matt Novakovich
Matt Novakovich Mar 11, 2022 12:08PM ET
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this could lead to. ......... nothing
Brad Albright
Brad Albright Mar 11, 2022 12:08PM ET
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It could lead to a boycott of Nike in their largest market.
Brian Anderson
Brian Anderson Mar 11, 2022 12:08PM ET
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I’ve boycotted nike for years over their poorly-made shoes.
 
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