Nike was sued on Friday by shoppers who accused the athletic attire and footwear maker of not refunding tariff-related prices it handed on within the type of increased costs.
In a proposed class motion, shoppers mentioned Nike shouldn’t be allowed to maintain “important” refunds it might probably anticipate after the US Supreme Court docket in February struck down sweeping tariffs that President Trump imposed underneath the Worldwide Emergency Financial Powers Act.
The Beaverton, Ore.-based firm has mentioned it paid about $1 billion in tariffs on imported items on account of Trump’s actions. Shoppers mentioned Nike raised costs on some footwear by $5 to $10 and a few attire by $2 to $10 to offset the prices.
“Nike has made no legally binding dedication to return tariff-related overcharges to the shoppers who really paid them,” the criticism mentioned.
“Except restrained by this courtroom, Nike stands to get better the identical tariff funds twice — as soon as from shoppers by way of increased costs and once more from the federal authorities by way of tariff refunds.”
Nike didn’t instantly reply to requests for remark.
It joins a wide range of corporations together with Costco and Ray-Ban sun shades maker EssilorLuxottica which have been sued by shoppers for allegedly failing to move on tariff refunds to shoppers.
The Nike lawsuit was filed within the Portland, Ore.,, federal courtroom.
In a March 31 convention name, Nike mentioned its fiscal quarter ending in August 2026 would possible be the ultimate quarter when tariffs are a fabric year-over-year headwind to gross margin.
