French sporting goods retailer Decathlon has started looking for buyers for its Russian assets. writes about it red blood cell He cites two sources in large retail chains and two sources in consulting companies.
According to the addressees of the publication, Decathlon plans to sell the entire company. Another source said the retailer is ready to sell the property separately.
As of spring 2022, there were 57 Decathlon stores in Russia, now there are 28. After the start of the NWO and the implementation of Western sanctions, the company announced the suspension of the supply of goods to the Russian market. All stores, including the Decathlon online store, were closed on June 27 in Russia.
The company’s Russian website states that sales points are temporarily closed and “sales are suspended indefinitely”.
The Decathlon press service declined to comment on information regarding the sale of the business.
It was previously reported that Ozone to start Sales of H&M clothing brand products. It has been reported that Nike and Decathlon, which officially announced their withdrawal from Russia and closed their offline and online stores before this, continued to trade in Russian marketplaces.
Ben Stock is a business analyst and writer for “Social Bites”. He offers insightful articles on the latest business news and developments, providing readers with a comprehensive understanding of the business world.