Adidas (ADDYY) is being used by a former employee who claims to have been fired after complaining about racist and sexist comments made by senior directors, Florian Muller of The Financial Times reports. The employee alleges in U.S. court filings that a senior colleague gave her the nickname of “ape” and made a series of inappropriate remarks about Beyonce at an evening event, but, after reporting to the HR department, the company failed to resolve the issue.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ADDYY:
- Adidas AG: Strong Growth and Promising Outlook Justify Buy Rating
- Adidas upgraded to Buy from Neutral at BofA
- Adidas AG: Strong Global Demand and Growth Potential Justify Buy Rating
- Adidas reports preliminary Q1 revenue EUR 6.15B, consensus EUR 6.11B
- Adidas reports preliminary Q1 revenue EUR 6.15B, consensus EUR 5.11B