Despite announcing its departure from Russia in March 2022 and selling its stores to Desport, Decathlon appears to have continued its business operations in the country.
📉 🔍 A recent investigation by Disclose, including documents, videos, and testimonies, reveals a complex system to maintain sales in Russia.
💰 Hidden contract: Decathlon is said to have signed a supply contract with Russian buyer Desport for at least $12 million.
✈️ 📦 Shell company: Products are first shipped to Dubai via a shell company, Phenix Limited, before being sent to Russia.
Source: Disclose
🌍 Questionable supply chain: Goods pass through Singapore and Dubai, circumventing international sanctions imposed on Russia.
“We were forbidden from talking about it among colleagues. For those in the know, the word ‘Russia’ was banned. A code name had to be used: Sports_R,” reveals a former employee.
📢 This maneuver raises questions about the legal compliance and ethics of Decathlon’s practices. Stand With Ukraine urges Decathlon to clarify its actions and fully comply with international sanctions!
For more information, read the investigation on Disclose.
