Market Statistics

Russia has seen sharp decline in sporting goods sales in 2022, new survey shows

By Vladislav Vorotnikov 2023-03-21T14:44:00

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After the departure of the key foreign brands, including Nike, Adidas, Reebok and Decathlon, from the country, Russian sporting goods experienced a 40 percent drop in sales in monetary terms in 2022 compared with the previous year, a survey conducted by Tinkoff Data, a consulting branch of a local privately-owned ...

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