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Nike to Fully Exit Russia, Will Scale Down in Coming Months

Nike to Fully Exit Russia, Will Scale Down in Coming Months

US sportswear maker Nike is making a full exit from Russia, three months after suspending its operations there, the company said in an emailed statement Thursday.

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, adding that those still open were operated by independent partners.

On Thursday, it joined other major Western brands,…


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