Of course, the people making the brand wouldn't understand that lmao, and I'm not saying the company is racist. If anything this is pretty funny. You stated that because Negro is black in Spanish, it ain't racist. What a lie.
As the Urban dictionary states, "A non-derogative term used to describe peoples as an African culture. Although of benign nature, people tend to regard it as an insult as it has been implied as such in earlier times."
Negro has been used many times throughout history as a way to insult black people and call them by. That seems pretty racist to me.
Oh, and don't bother replying by saying, "oH bUt iT sAyS iT hAs A bEnIgN nAtuRe" Because then I would just have to reply with the same screenshot with the same underlined part of the sentence as before.