German authorities have raided the Adidas headquarters as part of a years-long investigation into customs and tax regulations for imported products starting in October 2019. The probe does not appear to target the company’s financial performance, but rather its compliance with German laws. Adidas officials have stated that they do not anticipate a significant impact on their finances due to the investigation.
Source: https://www.bloomberg.com/news/articles/2024-12-10/adidas-headquarters-raided-in-years-long-tax-investigation