Adidas is investigating allegations of embezzlement and kickbacks in China | CNN Business

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Hong Kong CNN  — 

Adidas says it has started an investigation into allegations of “compliance violations” in China, a key market for its sportswear.

Chinese state media Jiemian reported last week that local executives had been accused of embezzling “millions of euros” in an unsigned letter written by whistleblowers calling themselves employees of Adidas China. The letter was widely publicized online.

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