Nike
Owners:
Inventive Retail Group
Content |
History
2022
Continuation of work in Russia through multi-brand stores
On May 27, 2022, it was announced that Nike continues to operate in Russia, but only in the format of supplying its products to multi-brand stores.
Nike ends franchise agreement with Inventive Retail Group
On May 25, 2022, it became known that the American manufacturer of shoes and clothing Nike did not renew the franchise agreement with the Inventive Retail Group (IRG), which owns the country's largest monobrand chain of stores of the American retailer. The company in the foreseeable future will not be able to organize the supply of goods to Russia. The decision was made against the background of the ongoing special operation of Russia in Ukraine.
2020: Inventive Retail Group bought 7 Nike stores from A3 Retail Group
On September 3, 2020, Inventive Retail Group announced the acquisition of seven Nike stores in Moscow from A3 Retail Group, including the flagship one on Kuznetsky Bridge. The transaction took place in the format of a merger of the subsidiary of Inventive Retail Group, Up and Ran LLC with the managing A3 Retail Group, AZ Sport LLC. Read more here.
Notes
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