Ava, a division of Unilever Inc., announced Monday it has offered a cashback on $2 million in product sales to Nike, which it says will help “enable our team to grow.”
The offer is the first such offer for a major brand, the company said in a statement.
The offer is also the first from an American retailer, the group said.
Nike will pay a 5 percent cashback of its full-price sales of Ava products, the statement said.
The deal will be made available to both Ava and Nike employees in the United States, Canada and Australia, the Group said.