International Olympic Committee (IOC) members will not wear kit provided by Bosco at Pyeongchang 2018 as part of an agreement with the Russian company following a request to remove their logo.
Bosco, the exclusive kit supplier for the IOC, asked for their logo not to be included on any apparel for next month's Winter Olympics in response to Russian athletes being forced to compete as neutrals at Pyeongchang 2018.
The company had asked for their logo not to be used as a result of the IOC's decision.
Mikhail Kusnirovich, chairman of the well-known brand, told Russian state news agency TASS that they had received a letter from IOC President Thomas Bach confirming an agreement with Bosco's request.
Kusnirovich claimed he was confident the stance of the company would not harm their relationship with the IOC.
A spokesperson for the IOC confirmed to insidethegames that Bosco kit would not be worn by IOC members at the Games.
The IOC had told TASS staff members would continue to wear non-branded Bosco clothing at Pyeongchang 2018 but Members' uniforms would be provided by "another manufacturer".
"The IOC informed us that they understand and accept our stance," Kusnirovich said.
"We believe that their reaction was normal and constructive.
"Judging by the letter from Thomas Bach, this situation will not affect our long-term relations with the IOC.
"We have found the way how we will remove the logo - we will sewing on top of them patches that say IOC.
"On some of the clothing, such as scarves and gloves, we will be simply removing the logo, because it will be cheaper."
Russian athletes must compete neutrally as part of a collective punishment issued in response to a "systemic manipulation" of the anti-doping system at events including the Sochi 2014 Olympic Games.
The decision was met with an angry response in Russia.
Bosco had also acted as official supplier to the Russian Olympic team from 2002 until this year.
American sportswear giant Nike was previously the IOC's official clothing supplier from 2013 to 2016.