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Sept 16 (Reuters) – Ukrainian President Volodymyr Zelenskiy
said on Friday he had spoken to Nike Inc
U.S. sportswear maker for making what he called the “right
decision” to pull out of Russia.
“This is an example of how business can play a significant
role in protecting humanity and freedom,” he said in a nightly
video address. “If a state chooses the path of terror, it is the
duty of every self-respecting company to distance itself from
such a state.”
The Ukrainian leader provided no further details. Nike
officials were not immediately available for comment.
Russia calls its actions in Ukraine a “special operation.”
Nike told Reuters on June 23 that it was making a full exit
from Russia, after saying in March it would temporarily suspend
operations at all its Nike-owned and -operated stores in Russia
in response to Moscow’s actions in Ukraine.
Nike joined other major brands in confirming its complete
departure from the Russian market. Samsung Electronics Co Ltd
, which was the leading supplier of handsets to
Russia as of the fourth quarter of 2021, froze shipments in
early March citing “current geopolitical developments.”
But Izvestia this week quoted a source close to the company
as saying sales could resume in October, with supplies of
equipment to retailers and a resumption of its official online
store. Samsung said nothing had been decided.
(Reporting by Elaine Monaghan
Editing by David Ljunggren and Matthew Lewis)
((Elaine.Monaghan@thomsonreuters.com;))
Keywords: UKRAINE CRISIS/NIKE (PIX)
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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