Consumer
Adidas Opens Fraud Probe in China After Whistleblower Letter
- Letter describes alleged compliance violations by employees
- Sportswear company is working with external legal counsel
China was a growth engine for Adidas before the pandemic, but boycotts of Western brands then pared business.
Photographer: Alex Kraus/BloombergThis article is for subscribers only.
Adidas AG is investigating allegations of corruption in China after receiving an anonymous letter exposing potential compliance violations by some employees.
The German sportswear company is working with external legal counsel after receiving the letter on June 7, it said in an emailed statement.