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(Picture: Nike)Global US sportswear brand Nike has announced plans to fully withdraw from Russia, having already suspended its business in the country after Vladimir Putin’s invasion of Ukraine.
The departure makes Nike the latest big-name Western brand to pull out of Russia amid an unprecedented package of sanctions against the country. The symbolic withdrawal follows that of fellow American giants McDonald’s, Coca-Cola, Starbucks and Google. Major UK names to leave include retailer Marks and Spencer as well as BP, the oil major, which had deep ties with Russia.