Adidas is conducting an investigation into alleged corruption in China after receiving an anonymous letter detailing potential compliance violations by some employees. The German sportswear brand's shares fell by 4% following the news. The allegations include claims of senior executives in China embezzling millions of dollars and receiving personal rebates from marketing services providers.
Adidas is investigating allegations of corruption in China after receiving an anonymous letter exposing potential compliance violations by some employees. https://t.co/jbXbhD51OU
Adidas shares slide following China corruption claims https://t.co/eS1pjaEnvM
Adidas said it is investigating potential compliance violations in China after receiving a letter alleging senior executives in the country received millions of dollars in kickbacks from service providers https://t.co/o2gTvLKQPE https://t.co/o2gTvLKQPE
Adidas Whistleblower Alleges Widespread Bribery in China MORE: https://t.co/LoKc4TZ0RM https://t.co/WoCpCng3IU
JUST IN: CNN reports that Adidas is investigating allegations that local executives in China embezzled 'millions of euros'
Adidas opens probe after receiving anonymous letter alleging corruption in China. https://t.co/tFCAXQS4IA
"A letter circulating on Chinese social media accused Adidas executives in China of receiving personal rebates from various marketing services providers in the country. The authors of the letter claim to be longtime Adidas employees in China." https://t.co/IracaaoDNX
Adidas’s stock drops as sportswear seller investigates Chinese bribery scandal https://t.co/bMnPhjXjHm
#Adidas' shares have slid as the German sportswear giant confirms it is “intensively investigating” allegations that senior employees in #China embezzled millions of dollars. https://t.co/cPPbaT4XjN
Adidas shares fall on investigation into China corruption allegation - Reuters https://t.co/SvAgrS38iY
Adidas investigating corruption allegations in China: FT https://t.co/OYqRC76JVa
Adidas shares fall on investigation into China corruption allegation https://t.co/CnoiowT86i
🔵 ADIDAS SHARES FALL ON INVESTIGATION INTO CHINA CORRUPTION ALLEGATION Adidas shares dropped 4% on Monday after the German sportswear brand said it was investigating allegations of corruption in China after receiving an anonymous letter. Full Story via Reuters on PiQ Suite -… https://t.co/GoRd0KEtsF
Adidas Investigates Allegations of Bribery in China https://t.co/2RHB3zaNti
Adidas is investigating potential corruption in China after receiving an anonymous letter exposing potential compliance violations by some employees https://t.co/T9vtjulILR
Adidas probes alleged ‘large-scale bribery’ by staff in China: Report - Aljazeera https://t.co/sQzLPLWXWD via @AJEnglish