June 18 (Reuters) - Nike's ( NKE ) 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 ( NKE ) 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 ( NKE ) make up ground after
falling behind in the women's activewear market, where Lululemon
and Gap's Athleta have emerged as a winners.