Nike to terminate sales in Israel

Israeli retailers are fuming after international sporting goods giant Nike on Sunday said it will stop working with them to market its products. The measure will come into effect on May 31, 2022.

In a letter sent to store owners on Sunday, Nike said: “Following a comprehensive review performed by the company and considering the changing marketplace, it has been decided that the continuation of the business relationship between you and the company does no longer match the company’s policy and goals.”