Posted By Global Banking and Finance Review
Posted on June 18, 2025
By Nicholas P. Brown and Ananya Mariam Rajesh
(Reuters) -Nike's launch of a new women's activewear brand in the U.S. through a partnership with Kim Kardashian-owned shapewear label Skims has been delayed, the Air Jordan maker's spokesperson told Reuters on Wednesday.
The partnership, which was announced in February, is part of new CEO Elliott Hill's plan to turn the struggling company around and broaden its product offerings to compete with brands such as Roger Federer-backed On and Deckers' Hoka.
Skims, which was launched in 2019, has seen growing demand for its premium bras, loungewear and shapewear.
With anticipation high among stakeholders and consumers, the two sides have delayed the launch as they work to get the product right, the Nike spokesperson said. The delay was first reported by Bloomberg News.
The new brand is set to be called NikeSKIMS, and is expected to include training apparel, footwear and accessories for women.
The initial plan was to launch its first collection at some U.S. retail locations in the spring of this year, as well as on its website. It was to be available more widely in 2026.
The partnership with Skims has been applauded by investors and analysts, who hope it will help Nike make up ground after falling behind in the women's activewear market, where Lululemon and Gap's Athleta have emerged as a winners.
(Reporting by Ananya Mariam Rajesh in Bengaluru and Nicholas P. Brown in New York; Editing by Maju Samuel)
