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

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.

07/06/2026, 10:49 PM • GlobeNewswire

Edelson Lechtzin LLP Is Investigating The Swatch Group Over Tariff-Driven Price Increases That Were Not Refunded to Consumers After the Supreme Court Struck Down the Tariffs

Law firm Edelson Lechtzin LLP is investigating whether The Swatch Group raised retail prices on watches and jewelry to pass along tariff costs to consumers, then failed to refund customers after the U.S. Supreme Court invalidated the tariffs on February 20, 2026. The investigation examines potential double recovery where Swatch Group may recover tariffs from the government while keeping price increases from consumers.

07/02/2026, 9:37 PM • GlobeNewswire

Edelson Lechtzin LLP Is Investigating Hermès Over Tariff-Driven Price Increases That Were Not Refunded to Consumers After the Supreme Court Struck Down the Tariffs

Law firm Edelson Lechtzin LLP is investigating whether luxury brand Hermès raised retail prices on its products to pass along tariff costs imposed in early 2025, then failed to refund customers after the U.S. Supreme Court invalidated those tariffs on February 20, 2026. The investigation suggests Hermès may be positioned to recover the same tariffs from the federal government while keeping price increases paid by consumers.

07/02/2026, 9:24 PM • GlobeNewswire

Middle East & Africa Luxury Goods Market Analysis Report 2026-2031: Advanced Authentication Technologies Combat Counterfeiting Surge

The Middle East and Africa luxury goods market is projected to grow from USD 21.85 billion in 2026 to USD 36.15 billion by 2031, with a CAGR of 10.60%. Growth is driven by rising high-net-worth individuals, e-commerce expansion, and sustainability trends. However, counterfeit products remain a significant challenge, with advanced authentication technologies like blockchain and RFID being deployed to combat the issue. Watches are expected to be the fastest-growing category at 10.98% CAGR.

03/16/2026, 10:56 AM • GlobeNewswire