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

Edelson Lechtzin LLP is investigating potential class action claims against Kering S.A. The investigation examines whether Kering raised retail prices on its luxury products − including Gucci, Yves Saint Laurent, Balenciaga, Bottega Veneta, Alexander McQueen, Creed, and Maui Jim − to pass along the Trump administration's global tariffs to consumers, then failed to refund customers after the U.S. Supreme Court struck those tariffs down as unlawful. Consumers who bought these products during the tariff period may be entitled to a refund. Kering S.A. is a French multinational holding company headquartered in Paris. It owns a portfolio of luxury fashion, leather goods, eyewear, and fragrance brands, including Gucci, Yves Saint Laurent, Balenciaga, Bottega Veneta, Alexander McQueen, Creed, and Maui Jim. The Supreme Court Struck Down the Trump Tariffs On February 20, 2026, the Supreme Court of the United States held that the tariffs imposed under the International Emergency Economic Powers Act (IEEPA), 50 U.S.C. § 1701 et seq., were unlawful, and it invalidated the tariff orders issued under that law. Beginning in early 2025, the federal government imposed sweeping tariffs on imported goods under the claimed authority of the IEEPA, sharply increasing the cost of importing consumer products into the United States. Many companies responded by raising the retail prices their customers paid, passing those tariff costs straight through to shoppers. After the Supreme Court struck down the tariffs, importers that had paid IEEPA duties became eligible to seek refunds of those duties from the federal government.