Adidas Investigates Allegations of Embezzlement and Kickbacks in China Amidst Controversies
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Adidas investigates embezzlement & kickbacks in China amidst controversies. The probe follows allegations of millions of euros being embezzled & senior execs taking kickbacks. This adds to recent challenges for Adidas, including a boycott in China & losing the German national football team kit deal to Nike. Despite this, CEO Bjorn Gulden remains focused on pursuing major kit deals. Borussia Dortmund also faces backlash over a sponsorship deal with Rheinmetall, sparking debate about the military's normalization in German society. #Adidas #China #Controversy #Embezzlement #Kickbacks #Nike #BorussiaDortmund #Sponsorship...

#newstr #Adidas #Embezzlement #Kickbacks #China 

 https://here.news/story/a88405cc?ver=0.65