Adidas joins European-led effort on Bangladesh factories

(Reuters) - Sporting goods maker Adidas AG (ADSGn.DE) has signed a pact to promote the safety of garment workers in Bangladesh, picking a European-led initiative over a rival U.S. drive, it said on Tuesday.

Adidas said although it had only limited production in Bangladesh, it thought that signing the Accord on Fire and Building Safety in Bangladesh would complement its own monitoring efforts in the country. See more.