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 ...
Nike is facing a class-action lawsuit for allegedly pocketing "significant" tariff refunds from the government instead of returning the money to "the consumers who actually paid them." The Nike ...
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 ...