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Adidas takes euro 153 mn hit due to Reebok India irregularity

Last Updated: Thursday, March 07, 2013, 13:33

German sportswear giant Adidas on Thursday said its balance sheet for 2011 is negatively impacted by euro 153 million (over Rs 1,090 crore) due to 'commercial irregularities' at its arm Reebok India Co.

Adidas seeks criminal probe into Reebok India irregularities

Last Updated: Saturday, May 12, 2012, 13:00

German sportswear giant Adidas has petitioned the Indian law enforcement authorities to open a criminal investigation into alleged financial irregularities uncovered in its Indian arm Reebok India.