Adidas Dismisses Two Employees Amid China Corruption Probe
Internal investigation reveals compliance violations and leadership failures in the company's crucial market.
- Anonymous letter triggered the investigation into Adidas China's marketing department.
- One employee violated the company's code of conduct, while another failed leadership expectations.
- Both employees implicated in embezzlement and receiving kickbacks from suppliers.
- Adidas emphasizes its zero-tolerance policy on compliance violations and continues its commitment to the Chinese market.
- The investigation, involving internal and external agencies, is still ongoing.