Press Release
December 19th, 2023
Since October 2023, Decathlon no longer operates any stores, employs any staff, nor holds any stake in businesses in the Russian Federation.
As part of its disengagement from the Russian Federation, Decathlon prioritised ensuring that the employment of teammates was maintained with the new owner, for those who wished.
This is why Decathlon chose to transfer all of its operations and assets to the company ‘ARM’, which owns the Desport brand. To finalise the transaction, it was agreed, in accordance with current local and international regulations, to supply a limited quantity of products for a limited period of time, to support the buyer in the launch of its new operations, thereby preserving the jobs of former teammates.
Decathlon reaffirms its commitment to complying with all applicable local and international regulations.