Adidas

Tax Investigation Deepens as Adidas Headquarters Raids Continue

11 days ago

In a rapidly unfolding situation, authorities have intensified their investigation into the financial practices of Adidas, with multiple raids taking place at the company's global headquarters in Herzogenaurach, Germany. The raids, which commenced early this week, have raised concerns about potential tax evasion and fraudulent accounting practices by the famed sportswear brand.

Adidas Headquarters Raided Amid Ongoing Tax Investigation: What You Need to Know

12 days ago

In a significant development for the multinational sportswear giant, Adidas's global headquarters located in Herzogenaurach, Germany, was subjected to a raid as part of an extensive tax investigation. This raid, which took place on December 10, 2024, has been the culmination of a multi-year inquiry by German authorities into the company’s financial practices and compliance with tax laws.

Adidas Stages Impressive Comeback with Surge in Sales

2 months ago

In a remarkable turnaround, Adidas has reported a significant increase in sales, signaling a revitalization of the iconic sportswear brand. After facing numerous challenges over the past few years, including management changes and market competition, Adidas appears to be well on its way to reclaiming its position in the global sports retail landscape.

Adidas Boosts Profit Forecast Once More as Retro Sneaker Craze Surges

2 months ago

In a significant move reflecting the resurgent popularity of vintage footwear, Adidas has once again revised its profit projections upward, driven by an increased demand for retro sneaker styles. This latest announcement comes as the brand continues to penetrate deeper into the nostalgia-driven fashion trend that has captivated both loyal customers and new enthusiasts alike.