Equal Employment Alternative Fee Chair Andrew Lucas says a lawsuit alleges ‘race discrimination’ in opposition to your entire company workforce at Nike on ‘The Backside Line.’
Nike is dealing with a brand new class motion lawsuit accusing the corporate of failing to refund tariff-related prices it handed on to shoppers via larger costs.
Within the proposed lawsuit, shoppers argue Nike shouldn’t be allowed to maintain “vital” refunds it might obtain after the U.S. Supreme Court docket dominated in February that the president lacked authority underneath the Worldwide Emergency Financial Powers Act (IEEPA) to impose sure tariffs.
Nike has stated it paid roughly $1 billion in tariffs on imported items because of these actions. Plaintiffs allege the corporate raised costs on some footwear by $5 to $10 and on some attire by $2 to $10 to offset these prices.
“Nike has made no legally binding dedication to return tariff-related overcharges to the shoppers who really paid them,” the grievance, filed in federal court docket in Portland, Oregon, states.
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Nike is dealing with a category motion lawsuit alleging the corporate didn’t refund tariff-related prices handed on to shoppers via larger costs. (istock / iStock)
“Except restrained by this court docket, Nike stands to get better the identical tariff funds twice — as soon as from shoppers via larger costs and once more from the federal authorities via tariff refunds,” the grievance continues.
The lawsuit is one in every of a number of filed in opposition to main corporations, together with Costco, alleging they didn’t move tariff-related refunds on to shoppers.
| Ticker | Safety | Final | Change | Change % |
|---|---|---|---|---|
| NKE | NIKE INC. | 44.14 | -0.27 | -0.61% |
Greater than 2,000 corporations have filed fits within the U.S. Court docket of Worldwide Commerce searching for to get better tariffs paid on imported items.
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A girl carries a procuring bag whereas passing in entrance of a Nike Inc. retailer in Portland, Oregon, on Wednesday, April 24, 2013. (Natalie Behring/Bloomberg through Getty Pictures / Getty Pictures)
Throughout a March convention name, Nike stated its fiscal quarter ending in August 2026 would doubtless be the ultimate interval through which tariffs materially impression gross margins.
The lawsuit comes weeks after Nike introduced plans to put off roughly 1,400 staff throughout its World Operations crew.
In a memo to employees, Chief Working Officer Venkatesh Alagirisamy stated the cuts would primarily have an effect on the corporate’s expertise division throughout North America, Asia and Europe, representing slightly below 2% of its international workforce.
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The emblem of Nike is pictured in a retailer in Manhattan on March 30, 2026, in New York Metropolis. (Zamek/VIEWpress / Getty Pictures)
Nike declined to remark to FOX Enterprise.
FOX Enterprise’ Eric Revell and Reuters contributed to this report.
