Reported 8 months ago
An investigation in Adidas China has revealed several high-level executives allegedly accepting bribes in the form of cash and real estate from suppliers, sparking a corruption scandal. The report details instances of misconduct by the Senior Vice President of the Marketing Department Great China, involving embezzlement and kickbacks in various marketing activities, leading to a significant impact on the marketing budget. Adidas headquarters has initiated an investigation into the matter following the disclosure of these allegations.
Source: YAHOO