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Adidas is investigating allegations of embezzlement and bribery in China, according to news reports
Adidas has launched an investigation into allegations of โcompliance violationsโ in China after receiving an anonymous letter earlier this month accusing local executives of embezzling millions of euros.
Chosen by Kim Kardashian and loved by fans, Bellingham fires England to 1-0 win over Serbia at Euros
Jude Bellingham scored to give England a winning start at Euro 2024 by beating Serbia 1-0.
Yeezy shoe sales lead Adidas to plan to donate $150 million to anti-hate groups
Adidas says itโs donated or is planning to give away more than $150 million to groups fighting antisemitism and other forms of hate from the sales of Yeezy shoes last year.
Adidas sells another batch of Yeezy sneakers left over from breakup with Ye
Shoe and sports clothing maker Adidas says it has started a third sale of the Yeezy sneakers it was left with after severing ties with Ye, the rapper formerly known as Kanye West.
Adidas says it may write off remaining unsold Yeezy shoes after breakup with Ye
Adidas says it may write off the remaining 300 million euros ($320 million) worth of Yeezy shoes left unsold after it cut ties with rapper Ye, formerly known as Kanye West.
Anti-Defamation League says Adidas CEO apologizes for misstatement about Kanye West
The head of the Anti-Defamation League said in a post on X on Thursday that he was in touch with Adidas CEO Bjorn Gulden who apologized for his remarks about Kanye West and reiterated the sportswear companyโs fight to end antisemitism.
Adidas CEO doubts that Kanye West really meant the antisemitic remarks that led Adidas to drop him
Adidas CEO Bjรธrn Gulden said he doubts that Ye, the artist formerly known as Kanye West, โmeant what he saidโ when he made a series of antisemitic and offensive remarks last year.
Adidas brings in $437 million from the first Yeezy sale. Part of that will go to anti-hate groups
Adidas has brought in $437 million from the first release of Yeezy sneakers left over after breaking ties with Ye, the rapper formerly known as Kanye West.
Adidas gives Yeezy sneaker sales a silver lining via donations to anti-hate groups, some US Jews say
Last October, sportswear giant Adidas cut ties with Ye, the rapper formerly known as Kanye West, due to his antisemitic comments.
Yeezy shoes are back on sale โ months after Adidas cut ties with Kanye West
Some of Adidasโ remaining Yeezy shoes are back on sale โ months after the German sportswear company cut ties with Ye, the rapper formerly known as Kanye West.
Adidas to sell Yeezy shoes and donate proceeds months after Kanye West split
Adidas says it will try to sell a portion of its remaining Yeezy shoe inventory and donate the proceeds to charitable organizations.
Spotlight turns to baseball and Padres' weighty expectations
Just hours after confetti fell on the NFL champion Kansas City Chiefs in Glendale, Arizona, the sports spotlight shifted to baseball as pitchers and catchers who will play in the World Baseball Classic began reporting to spring training complexes throughout the Phoenix area and in Florida.
Adidas' breakup with Ye drives lower earnings outlook
Adidas has lowered its earnings forecast for the full year to account for losses from ending its partnership with the rapper formerly known as Kanye West over his antisemitic remarks.
NFL's Donald, NBA's Brown end their deals with Ye's agency
Los Angeles Rams defensive tackle Aaron Donald and Boston Celtics star Jaylen Brown have terminated their associations with Donda Sports, the brand management agency owned by the artist formerly known as Kanye West.
Appeals court OKs convictions in college basketball scandal
FILE This file combo of images shows, from left, amateur basketball league director Merl Code, former Adidas executive James Gatto, and business manager Christian Dawkins. A federal appeals court in New York, Friday, Jan. 15, 2020, upheld convictions Code, Gatto and Dawkins in a college basketball scandal that spoiled the careers of several coaches. (AP Photo/File)NEW YORK โ A federal appeals court in New York on Friday upheld convictions against a sports marketer, an aspiring agent and a financial adviser in a college basketball scandal that spoiled the careers of several coaches and left a stain on the integrity of college athletics. Circuit Court of Appeals in Manhattan said in its written decision that it was not adequate for the defendants to argue that their actions mirrored what was commonly done in college basketball programs and that their aim was to help universities, rather than harm. The convictions grew from the 2017 arrests of 10 individuals in what authorities described as a conspiracy to pay bribes to the families of young players to ensure NBA-bound college basketball stars would pledge allegiance to certain agents and handlers or attend certain schools.