Nike stores will continue to work in Russia, but will raise prices

Nike stores will continue to work in Russia, but will raise prices

THIS MESSAGE (MATERIAL) IS CREATED AND (OR) DISTRIBUTED BY A FOREIGN MASS MEDIA PERFORMING THE FUNCTIONS OF A FOREIGN AGENT AND (OR) A RUSSIAN LEGAL ENTITY PERFORMING THE FUNCTIONS OF A FOREIGN AGENT.

Nike, Street Beat, The North Face stores, which are part of the Inventive Retail Group, will continue to operate in Russia. At the same time, the company noted that the prices for goods will be adjusted due to the growth of the dollar, TASS reports with reference to the company’s press service.

The Inventive Retail Group also noted that recently there has been an increased demand for sportswear and footwear. At the same time, the change in prices did not scare off customers who planned to purchase goods.

Earlier, purchases on the official website and in the Nike mobile application were temporarily unavailable, and the company said that they could not guarantee the delivery of orders to buyers from the Russian Federation.

Earlier it was reported that the work of Adidas stores and online trading in Russia would be suspended due to the situation in Ukraine.

It is noted that Adidas employees in Russia will continue to receive salaries for the time being, but the concern is monitoring the situation and further corporate decisions may be made.

Source: Rosbalt

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