The Three Stripes is looking into an alleged embezzlement ring within its Greater China marketing management, the company confirmed after the Financial Times broke the story in Western media over the weekend.

The new suitor who swooped in last week with a $2,008.5 million offer for VSTO’s Kinetic Group ammunition business has now withdrawn the bid, Vista said in a release.

Having wound down its Mexican manufacturing operations earlier this year, the ailing apparel maker will furlough about 2,413 employees in Honduras for at least 120 days, as it considers strategic alternatives for its facility there.

Yeti is suing five Chinese-based companies in W. TX district court for selling 20 oz. and 30 oz. tumblers that it says infringe on the Rambler Tumbler trade dress.