Skip to content
Trending
March 6, 2025MongoDB shares sink after company issues weak guidance September 4, 2025RFK Jr. spreads vaccine misinformation during congressional testimony June 15, 2025UK Finance Minister Rachel Reeves’ spending plans risk creating ‘a snowball effect’ that pushes borrowing costs higher March 24, 2025Alibaba-affiliate Ant combines Chinese and U.S. chips to slash AI development costs April 4, 2025Shoppers will pay more for bananas, coffee and toilet paper because of tariffs, trade group says October 10, 2025CPI inflation report will be released by Labor Department, while other data is delayed by shutdown March 6, 2025Private employers added just 77,000 jobs in February, far below expectations, ADP says April 15, 2025Fed Governor Waller sees tariff inflation as ‘transitory’ in ‘tush push’ comparison September 12, 2025Fintech firm Lendbuzz files for IPO May 17, 2025The low-end consumer is about to feel the pinch as Trump restarts student loan collections
  Saturday 8 August 2026
everydayread.net
  • HOME
  • Bitcoin
  • Business
  • Earnings
  • Economy
  • Finance
everydayread.net
everydayread.net
  • HOME
  • Bitcoin
  • Business
  • Earnings
  • Economy
  • Finance
everydayread.net
  Business  Nike’s new activewear line with Skims is set to launch this week. Here’s why it matters
Business

Nike’s new activewear line with Skims is set to launch this week. Here’s why it matters

AdminAdmin—September 22, 20250

Nike’s activewear line with Skims.

Courtesy: Nike SKIMS

Nike‘s highly anticipated activewear line with Kim Kardashian’s intimates brand Skims is set to launch this week after it was pushed back due to production delays, the companies announced Monday. 

The partnership, dubbed NikeSKIMS, is a key part of the sneaker company’s strategy to win over more female shoppers and take back market share from brands like Lululemon, Vuori and Alo Yoga, which cater more closely to women. 

More stories

Kenvue stock drops 10% on report RFK Jr. will link autism to Tylenol use during pregnancy

September 6, 2025

Los Angeles Lakers owners sell majority stake in the team at $10 billion valuation

June 22, 2025

The U.S. added a thousand new millionaires a day in 2024: Report

June 19, 2025

Musk praises Bezos’ new rules for Washington Post opinion pages as top editor resigns

February 27, 2025

The new line will launch on Friday with three core collections – Matte, Shine and Airy – that will be updated seasonally. It will include around 40 new styles and pieces that can be worn in and outside of the gym. 

Beyond the core apparel line, NikeSKIMS will also debut a handful of seasonal collections – including a vintage line and layering pieces that can be used to create an activewear look. 

After the companies announced the partnership in February, they were set to launch an initial collection in the spring, with a global rollout planned for 2026. But they pushed it back in early June due to internal production delays that weren’t related to a supplier or shipping issue. 

NikeSKIMS is marketing the new line alongside a slew of top female athletes, including former tennis star Serena Williams, track and field Olympian Sha’Carri Richardson, gymnast Jordan Chiles and snowboarder Chloe Kim. 

The launch will help Nike move toward a number of goals it set under new CEO Elliott Hill. The assortment’s dual focus on performance and lifestyle will allow Nike to capture both female athletes and regular shoppers who are spending on activewear at competitors. The new styles include Nike’s drying technology, making them suitable for intense exercise, but also knit pieces and layers that can be incorporated into everyday outfits.

Under Nike’s former CEO John Donahoe, the company focused on its lifestyle side of the business – shoes and apparel that weren’t just for exercising – which helped it grow its annual sales to north of $50 billion. However, that heavy focus on lifestyle led some of Nike’s core athlete customers to shop elsewhere over criticisms it lost sight of innovation.

Hill, who took over as Nike’s top executive in October, is working to bring sports and athletes back into the center of Nike’s strategy. The partnership with Skims helps the company reach athletes but also has a lifestyle bent, which expands its total addressable market. 

In turn, Skims, which was last valued at $4 billion, will get access to Nike’s manufacturing and development capabilities and gains the opportunity for more growth. While buzzy and well known because of its connection to Kardashian, the brand is still relatively small compared to competitors. 

“NikeSKIMS is more than a collaboration — it’s a new brand redefining activewear,” Skims CEO Jens Grede said in a news release. “With this launch, we are establishing a platform to grow NikeSKIMS, reach consumers worldwide, and set a new benchmark for how activewear is experienced across retail, digital, and cultural touch points.”

Nike President Amy Montagne added the partnership is part of a “broader commitment” to women.

Big Tech companies, foreign governments scramble after Trump slaps $100,000 fee on H-1B visas
C3 AI reports declining revenue, announces new CEO to replace Siebel
Related posts
  • Related posts
  • More from author
Business

American Airlines no longer lets basic economy flyers earn miles

December 18, 20250
Business

Delta president Glen Hauenstein, who helped turn airline into industry profit leader, to retire in February

December 17, 20250
Business

Consumers are feeling gloomy about the economy. Here’s why they’re spending anyway

December 16, 20250
Load more
Read also
Earnings

Google cloud growth tops Microsoft and Amazon as all three beat estimates on AI demand

May 2, 20260
Finance

Visa says new AI shopping tool has helped customers with hundreds of transactions

December 18, 20250
Economy

Trust these numbers? Economists see a lot of flaws in delayed CPI report showing downward inflation

December 18, 20250
Earnings

Nike tops earnings estimates but shares fall as China sales plunge, tariffs hit profits

December 18, 20250
Business

American Airlines no longer lets basic economy flyers earn miles

December 18, 20250
Finance

Billionaire fund manager Ron Baron praises beaten-up financial stock whose new CEO he compares to Jamie Dimon

December 17, 20250
Load more
    © 2022, All Rights Reserved.
    • About Us
    • Advertise With Us
    • Contact Us
    • Disclaimer
    • Cookie Law
    • Privacy Policy
    • Terms & Conditions