EE Impact

Azadea Group

Lebanon · Consumer Goods & Clothing

LeaveRussia detail: Continue Operations

Still operating in Russia

The AZADEA Group is a premier lifestyle retail company that owns and operates more than 40 leading international franchise concepts in fashion and accessories, food and beverage, home furnishings, sporting goods, multimedia and beauty and cosmetics across the Middle East and Africa spread across 13 countries overseeing more than 600 stores.

Status last verified 03/08/2026Source checked 30/05/2023Company website ↗LeaveRussia profile ↗

Decision trail

Decision date 30/05/2023 · Reference ↗

The Turkish company FLO Retailing and the Lebanese Azadea Group are negotiating to acquire the business of the French chain Decathlon in Russia.

Status history since 2022

  1. 03/08/2026 operating · Imported from KSE LeaveRussia

Exposure profile

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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.

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