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Nike to not renew franchise agreements in Russia

Nike said on March 3 it would temporarily suspend operations at all its Nike-owned and -operated stores in Russia in response to Moscow's actions in Ukraine.

Saratovskaya oblastLudmila semushkinaTikhon smykovStarbucks corpInventive retail groupRetail groupSoviet unionSpartak moscowBike newsMike russiaBike in indiaIke franchise agreements in russia

Nike exits Russian market by cancelling IRG franchise contract

Nike has decided not to renew its franchise agreement with Russian franchisee Inventive Retail Group (IRG), signalling its exit from Russia.

Ludmila semushkinaTikhon smykovInventive retail groupGlobaldata executive briefing

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