Puma suspends operation of all its stores in Russia

March 5, 20226:00 PM UTCUpdated ago

A Puma handbag is pictured in a shop after the company's annual news conference in Herzogenaurach — A handbag with the logo of German sports goods firm Puma is pictured in a shop after the company's annual news conference in Herzogenaurach February 20, 2014. REUTERS/Michaela Rehle

FRANKFURT, March 5 (Reuters) - German sportswear maker Puma (PUMG.DE) has decided to suspend operations at all its stores in Russia, it said on Saturday.

Puma, which has 100 stores in Russia, had already stopped deliveries to Russia following Moscow's invasion of Ukraine.

Reporting by Christoph Steitz; Editing by Kevin Liffey

Our Standards: The Thomson Reuters Trust Principles.

More from Reuters

Business

Cathay Pacific nears Boeing 777-8F freighter order -sourcesAerospace & Defensecategory · May 29, 2023
Cathay Pacific Airways Ltd is close to placing an order worth around $2 billion for Boeing 777-8F freighters as the Hong Kong carrier embarks on the partial renewal of a fleet of dedicated 747 cargo jets, industry sources said on Monday.
BusinesscategoryKenya and Russia to sign trade pact, President Ruto saysMay 29, 2023
Aerospace & DefensecategorySingapore Airlines, Garuda Indonesia plan JV to boost passenger capacityMay 29, 2023
BusinesscategoryPwC Australia puts nine partners on leave, overhauls board amid tax leak scandalMay 29, 2023
Media & TelecomcategoryReliance's JioCinema signs content streaming deal with NBC UniversalMay 29, 2023

Puma suspends operation of all its stores in Russia

Read Next

More from Reuters

Business

Thomson Reuters Products

Refinitiv Products