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Adidas says it has started an investigation into allegations of “compliance .
Two Adidas employees in China have left the sportswear company after it found . Adidas says it has started an investigation into allegations of “compliance violations” in China, a key market for its sportswear. Two Adidas employees in China have left the sportswear company after it found evidence of wrongdoing during an investigation into a whistleblower’s claims that senior staff had embezzled .
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HONG KONG (AP) — Athletic apparel company Adidas has launched an investigation into allegations of “compliance violations” in China after receiving an anonymous letter earlier this month accusing local executives of . Adidas and Kanye West have settled their legal battles through an out-of-court settlement, the German sportswear brand confirmed in a call with reporters. Adidas is investigating potential compliance violations in China after an anonymous letter alleged senior executives in the country received millions of euros in kickbacks.
A year ago, after producing hundreds of shoe styles and billions of dollars together, Adidas broke with Kanye West as he made antisemitic and other offensive public comments. But Adidas had. Adidas terminated its partnership with the rapper in 2022 after a series of public outbursts that included antisemitic comments and taunts of Adidas’ leadership. That year, Yeezy sales were on track to reach .8 billion, according to the Times. Adidas has cut ties with Ye, formerly known as Kanye West, after facing pressure to end its partnership with the rapper in the wake of his antisemitic comments with backlash mounting.
De rapper bracht Adidas in 2021 nog een miljard dollar op, maar het bedrijf zette een punt achter de samenwerking na verschillende antisemitische en seksistische uitspraken van West.
Uit onderzoek van de The New York Times blijkt dat West al vanaf het begin van de samenwerking in 2013 antisemitische en seksistische uitspraken deed en ander bizar gedrag vertoonde. Maar hoe onmogelijk hij ook was als collega, Wests ‘Yeezy’ collecties waren zeer lucratief voor Adidas. Adidas says it has started an investigation into allegations of “compliance violations” in China, a key market for its sportswear. Two Adidas employees in China have left the sportswear company after it found evidence of wrongdoing during an investigation into a whistleblower’s claims that senior staff had embezzled . HONG KONG (AP) — Athletic apparel company Adidas has launched an investigation into allegations of “compliance violations” in China after receiving an anonymous letter earlier this month accusing local executives of .
Adidas and Kanye West have settled their legal battles through an out-of-court settlement, the German sportswear brand confirmed in a call with reporters.
Adidas is investigating potential compliance violations in China after an anonymous letter alleged senior executives in the country received millions of euros in kickbacks.
A year ago, after producing hundreds of shoe styles and billions of dollars together, Adidas broke with Kanye West as he made antisemitic and other offensive public comments. But Adidas had.
Adidas terminated its partnership with the rapper in 2022 after a series of public outbursts that included antisemitic comments and taunts of Adidas’ leadership. That year, Yeezy sales were on track to reach .8 billion, according to the Times. Adidas has cut ties with Ye, formerly known as Kanye West, after facing pressure to end its partnership with the rapper in the wake of his antisemitic comments with backlash mounting. De rapper bracht Adidas in 2021 nog een miljard dollar op, maar het bedrijf zette een punt achter de samenwerking na verschillende antisemitische en seksistische uitspraken van West.
adidas embezzlement scandal
adidas embezzlement news
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