Adidas investigates bribery allegations in China involving senior staff and a 250 million euro marketing budget.
Adidas has begun an investigation into bribery allegations in China after receiving a whistleblower complaint, which accuses senior staff of embezzling millions of euros. The anonymous letter, allegedly written by "employees of Adidas China," names several Chinese employees and involves a marketing budget of 250 million euros per year. Adidas could not be reached for comment.
June 16, 2024
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