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Tag: Adidas

Two Adidas employees out in China corruption probe

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Two employees have left Adidas as a result of an ongoing investigation by the German sportswear brand into allegations of corruption in China. Adidas said last week that […]

Two employees leave Adidas amid China graft probe

An anonymous letter sent to Adidas on June 7, allegedly written by staff in China, laid out ‘potential leadership concerns’ and allegations of ‘compliance violations’ (Tobias SCHWARZ) Adidas said Wednesday two employees had left the company as the German sportswear giant investigates bribery allegations in China. The probe was sparked by an anonymous letter sent […]

These cushy Adidas numbers are just $2.75 a pair right now

You could be wearing the cushiest sneakers in the world, but if your socks are thin and flimsy? Yep, there’s that painful foot friction we’ve all experienced, which in turn can lead to blisters and painful “hot spots.” Your feet deserve better, and these Adidas Cushioned Socks are just the ticket. Amazon Two things you […]

These cushy Adidas numbers — down to $2.75 a pair

You could be wearing the cushiest sneakers in the world, but if your socks are thin and flimsy? Yep, there’s that painful foot friction we’ve all experienced, which in turn can lead to blisters and painful “hot spots.” Your feet deserve better, and these Adidas Cushioned Socks are just the ticket. Amazon Two things you […]

Adidas is investigating allegations of embezzlement and kickbacks in China

Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. 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 week that […]

Adidas shares fall on investigation into China corruption allegation

(Reuters) – Adidas (ADDYY) shares dropped 4% on Monday after the German sportswear brand said it was investigating allegations of corruption in China after receiving an anonymous letter. “Adidas takes allegations of possible compliance violations very seriously and is clearly committed to complying with legal and internal regulations and ethical standards in all markets where […]