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Edelson Lechtzin LLP Is Investigating Kering S.A. − Owner of Gucci, Saint Laurent, and Balenciaga − Over Tariff Price Increases That Were Never Refunded to Consumers
GlobeNewswire Inc.·
Law firm Edelson Lechtzin LLP is investigating luxury conglomerates Kering S.A., The Swatch Group, and Hermès for allegedly raising retail prices to pass along Trump administration tariffs to consumers, then failing to refund customers after the U.S. Supreme Court struck down those tariffs as unlawful on February 20, 2026. The investigation examines whether these companies are positioned to recover the same tariff costs from the federal government while keeping the higher prices collected from customers—a potential double recovery.
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