Russia at War: Decathlon Suspends Russian activities

30 March 2022, Mumbai:

Decathlon, the sportswear arm of a French retail empire facing criticism for staying in Russia since its invasion of Ukraine, said on Tuesday it was now suspending activities in the country due to supply difficulties.

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Decathlon is owned by the Mulliez family, which is also behind DIY retailer Leroy Merlin and food retailer Auchan, both of which continue to operate in Russia.

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Western companies from McDonald's and Starbucks to Deutsche Bank and Shell have stepped back from Russia, under pressure from customers and their governments to inflict an economic price on Moscow for waging war on its neighbour.

Western sanctions on Russia have also complicated doing business there.

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CREDITS: Reuter (The news article has not been edited by DFU Publications staff)