Adidas Headquarters Raided by Tax Authorities Over Import Regulations
Tax officials have raided the headquarters of Adidas in Herzogenaurach as part of an investigation into compliance with customs and tax regulations related to product imports into Germany. The company has confirmed the searches at several locations and stated that they are cooperating with the authorities. The investigation covers the period from October 2019 to August 2024. Despite ongoing disputes regarding the interpretation of local and European laws, Adidas does not expect significant financial impacts from this situation.