Report: Sportswear retailer Decathlon to sell Russian business

MOSCOW, Jan 25 (PRIME) -- French sportswear retailer Decathlon has decided to sell its Russian assets, RBC reported on Wednesday citing retail and consulting sources.

“French sportswear retailer Decathlon has started looking for a buyer of its Russian assets… Decathlon hopes to sell off the entire business, three sources said. Another source said that the retailer is ready to sell its property separately,” according to RBC.

RBC also reported that Decathlon owns at least 135,000 square meters of commercial property in Russia.

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