The Nike enterprise in Argentina modifications arms – Muricas News

The second was the appeal for Nike. The American sportswear firm, which has been in search of to divest itself of its operation in Argentina for 2 years, has lastly discovered a purchaser.

The Panamanian group Regency Group, which already distributes the model in Central America, will take cost of administration within the nation and likewise in Uruguay, the place it already has a presence with the distribution of Zara, Desigual and Guess.

“As with Nike’s different distribution partnerships in Latin America, and world wide, these new companions are dedicated to serving native shoppers and we imagine will assist drive development sustainable in these international locations,” the corporate defined in an official assertion.

In Chile, Nike will comply with the identical path, though on this case related to the MasPlay Group, homeowners of Equinox Worldwide, Nike’s distribution associate in Peru, Bolivia and Ecuador.