top of page
Jun 17, 2024
Adidas announced Monday it was opening an investigation into possible “compliance violations” in China, after a whistleblower anonymously sent a letter to company headquarters.
The letter accuses senior executives based in China of getting millions of euros in bribes.
A company spokesperson said Adidas received the letter June 7 and is investigating the matter with external legal counsel. The letter, which accuses executives of corruption and embezzlement of funds, had appeared on Chinese social media platform Xiaohongshu.
Source: Front Office Sports
bottom of page