International Companies

Adidas shares drop on bribery allegations in China

By Benjamin Chiou

Date: Monday 17 Jun 2024

(Sharecast News) - Shares in Adidas fell sharply on Monday after the German sports apparel and footwear manufacturer said it was investigating allegations of bribery in China.
The Financial Times first reported on Sunday that Adidas was looking into a whistleblower complaint by employees in China that accused senior staff of...

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