FLO Magazacilik (FLO Retailing)
Also known as: FLO Magazacilik
LeaveRussia detail: Continue Operations
FLO Magazacilik (FLO Retailing) was founded by Ahmet Ziylan in the early 1960s and now operates in 21 countries, operating shoe chains FLO, Sport in Street and the major German brand Reno. The retailer also owns the US Polo Assn., Kinetix, Polaris, Nine West and Lumberjack brands.
Business in Russia
The owner of the Russian business Reebok and the owner of the Dubai Mall can buy out Decathlon assets in Russia.
Decision trail
Decision date 30/05/2023 · Reference ↗
The business of Reebok in the Russian Federation was transferred to the Turkish FLO Retailing. Significantly increased revenue (+568% in 2023 vs 2022) and staff in Russia (696 in 2023 vs 200 in 2022).
Local stats (LeaveRussia)
Status history since 2022
- 03/08/2026 — operating · Imported from KSE LeaveRussia
Exposure profile
Full exposure profile is a Professional feature
Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.
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