⚖Adidas executives prosecuted for bribery, the inevitable blow to the US business
Adidas, a major sports equipment giant in Germany, has spent tens of millions of dollars on college sports in the last few years to increase brand awareness in the United States. An incident occurred on 26th, which could have devastating blows on such efforts. The US Attorney’s Office prosecuted one executive of the company on suspicion of bribery and fraud involving multiple university basketball teams. WSJ
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