News Snapshot:
By Ulrike Dauer Adidas AG has found no evidence of cotton from the Chinese autonomous region of Xinjiang in its products, the company's Chief Financial Officer said Thursday. Evaluations of certificates and delivery documents hadn't confirmed allegations made in media reports, CFO Harm Ohlmeyer said at the sportswear manufacturer's annual general meeting. According to a TV report, isotope analysis by German research lab Agroisolab and Niederrhein University identified cotton from Xinjiang in clothing from Adidas. "The cotton of the products shown in the TV report, in our evaluation, was source by our suppliers from Brazil, India and the U.S.," Ohlmeyer...
