The probe is looking at a five-year period starting in October 2019 and pertains to customs and tax regulations.

The sportswear maker said some of its locations in Germany were searched in connection with an investigation into customs and tax-import compliance.

Investigators carried out searches at Adidas's headquarters for a second consecutive day, the Financial Times reported, the latest stage in a years-long probe of what Handelsblatt newspaper reported was 1.

Adidas AG faced a second consecutive day of raids by criminal prosecutors and customs investigators, intensifying a years-long tax investigation into the German sports brand.

Adidas's German headquarters were raided on Tuesday in connection with a years-long tax investigation, the company confirmed to CNBC in a statement. Authorities are investigating customs and tax regulations for products imported into Germany over a roughly five-year period from October 2019 to August of this year, a spokesperson said.

Authorities raided Adidas AG headquarters in Germany as part of a years-long tax investigation, a spokesperson from the company said on Tuesday.

Authorities conducted a raid at Adidas AG’s headquarters in Herzogenaurach, Germany, on Tuesday as part of an ongoing investigation into potential breaches of tax and customs regulations. The probe spans a five-year period starting in October 2019 and focuses on the importation of products into Germany.

Authorities raided Adidas AG headquarters in Germany as part of a years-long tax investigation, Bloomberg News reported on Tuesday. Adidas told Bloomberg that it has been in contact with customs authorities for several years about the matter and is providing them with documents and information.