The group takes such allegations "very seriously and is clearly committed to complying with legal and internal regulations and ethical standards in all markets where we operate," it said. "Adidas is currently intensively investigating this matter together with external legal counsel." Shares in the outfitter slid more than four percent on Frankfurt's blue-chip DAX index before winning back some ground to end the day 2.6 percent lower. According to the Financial Times, those accused included one of the company's executives involved with Adidas's marketing budget in China, which it said stood at 250 million euros ($268 million) a year. Another Adidas China manager is said to have received "millions in cash from suppliers, and physical items such as real estate", according to the paper.