Adidas Investigating Alleged Embezzlement in China. After receiving an anonymous complaint of staff members receiving millions in kickback payments. Victor Deng. June 18, 2024. Share.

In 2021, Adidas — along with H&M, Nike and other big Western apparel brands — faced a boycott in China because of the stand they had taken against the alleged use of forced labor to produce ...

Adidas says it has started an investigation into allegations of “compliance violations” in China, a key market for its sportswear. Adidas is investigating allegations of embezzlement and ...

The reported complaint alleged that a senior executive in Greater China who manages Adidas’ marketing budget had embezzled millions of euros and taken huge kickbacks from external advertising ...

Hong Kong (CNN) — Adidas says it has started an investigation into allegations of “compliance violations” in China, a key market for its sportswear. Chinese state media Jiemian reported last ...

Hong Kong (CNN) — Adidas says it has started an investigation into allegations of “compliance violations” in China, a key market for its sportswear.

Adidas is the world’s second largest sportswear retailer. Greater China — a region that encompasses mainland China, Hong Kong and Taiwan — contributes 15% of the company’s sales.

In 2021, Adidas — along with H&M, Nike and other big Western apparel brands — faced a boycott in China because of the stand they had taken against the alleged use of forced labor to produce ...

By Laura He, Wayne Chang, and Joyce Jiang, CNN Hong Kong (CNN) — Adidas says it has started an investigation into allegations of “compliance ...

By Laura He, Wayne Chang, and Joyce Jiang, CNN Hong Kong (CNN) — Adidas says it has started an investigation into allegations of “compliance violations” in China, a key market for its ...