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Adidas blames ‘commercial irregularities’ for changes in India

01/05/2012

German sportswear firm adidas has said that “commercial irregularities” at its Reebok unit in India could cost the firm up to EUR125 million. The company has told the BBC it is carrying out an internal investigation. “We will take further steps” when that process has been completed, a spokeswoman said. Adidas said the irregularities resulted in a ...

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