Nike faces a class action lawsuit alleging it failed to refund tariff-related costs passed to consumers through higher prices on footwear and apparel.
Adidas and Lululemon also face proposed class actions from consumers.
Consumers allege Nike raised prices to offset $1 billion in tariffs but has made no commitment to return the money ...
According to the plaintiffs, the company raised prices on some footwear by $5 to $10 and on certain apparel lines by $2 to $10 to offset those costs.
Consumers are getting increasingly tired of seeing giant corporations find new ways to squeeze extra dollars out of them — and now the pitchforks have officially reached Nike. The sportswear giant is ...