Nike faces a class action lawsuit alleging it failed to refund tariff-related costs passed to consumers through higher prices on footwear and apparel.
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.
A webinar hosted by Dorsey & Whitney LLP last week explored the potential litigation risks posed by tariff refunds, asking ...
Companies in the US are wary of saying too much about one particular nugget of good news for their bottom line and inflation.
WASHINGTON, May 19 (Reuters) - Costco Wholesale (COST.O), opens new tab has asked a federal judge to dismiss a proposed class action claiming the retail giant owes customers refunds for higher prices ...