Nike has temporarily closed the stores it owns and operates in Russia, joining a growing number of brands suspending businesses in the country following Putin’s invasion of Ukraine. According to The Wall Street Journal, Nike will continue to pay employees their salary despite the closure.
“We are deeply troubled by the devastating crisis in Ukraine and our thoughts are with all those impacted, including our employees, partners and their families in the region,” the company told WSJ. The Nike Foundation plans to donate $1 million to Unicef and the International Rescue Committee in support of humanitarian relief efforts in Ukraine, Nike added.
