Shoe retailer FLO in discussions to buy Reebok’s Russian stores
The deal, if materialised, will mark FLO’s expansion into the Russian market.

The deal, if materialised, will mark FLO’s expansion into the Russian market.
The company said that it will continue to help its 2,500 staff members in Russia.
The company operates 231 stores in Russia, as well as an e-commerce service.
It recently faced several difficulties, including operational challenges, while continuing business in the country.
Amazon and AWS have no data centres, infrastructure, or offices in Russia.
Zara, Prada and Asda are among other retail companies suspending their sales in Russia.
Familia operates a network of more than 400 stores across Russia.
The list of retailers deciding to temporarily halt business operations in the two countries continues to grow.