Source:
Chicago TribuneAmeet Sachdev | Tribune staff reporter
Nike Inc. has agreed to pay $7.6 million to settle a race discrimination lawsuit brought by current and former African-American employees at its Niketown store on Michigan Ave, the athletic-shoe giant said Monday.
Nike also submitted to independent monitoring of the store and the appointment of a compliance officer at its corporate headquarters in Beaverton, Ore. Under the consent decree, the company admitted no wrongdoing.
In a statement, Nike said it reached a legal settlement to "avoid continued and protracted litigation."
The deal eliminates a potentially damaging public relations problem for Nike. Its shoes and clothing have a huge following among African-American youth. It also relies on high-profile black athletes, such as Michael Jordan and Kobe Bryant, in its marketing campaigns.
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http://www.chicagotribune.com/business/chi-070730-niketown-settle,0,1048767.story