Nike stopped selling its sportswear to Russia soon after Moscow launched its full-scale invasion of Ukraine over two years ago. The man who got these shoes to Russia is Wijnand Herinckx, a 40-year-old Dutch citizen who lives in Moscow. Since the conflict began, Herinckx has built a thriving business that provides Russian consumers with Western goods whose makers have pulled out of Russia.
Barbara Furlow-Smiles was a DEI manager for Facebook and Nike. She's now facing a five-year prison sentence.
Nike (NKE) reachead $95.87 at the closing of the latest trading day, reflecting a -0.14% change compared to its last close.