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Nike Faces Class Action Lawsuit Over Failure to Refund Tariff-Related Price Hikes

May 11, 2026
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Insurance Journal
Nike Faces Class Action Lawsuit Over Failure to Refund Tariff-Related Price Hikes

Story Summary

Nike was sued on May 8 in a Portland federal court for allegedly retaining tariff refunds after passing $1 billion in costs to consumers through price increases of up to $10 per item. Plaintiffs argue the company risks double recovery by keeping government refunds while failing to reimburse customers. This case mirrors similar litigation against Costco and EssilorLuxottica, highlighting significant.

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