The news: Nike is debuting the NikeSKIMS brand in partnership with Kim Kardashian’s shapewear company as it looks to better connect with women.
The big picture: The partnership is part of a multipronged strategy to attract more women to the Nike brand, which has lost out in recent years to players like lululemon athletica and Alo Yoga. Women’s sports are fast becoming a lucrative opportunity for many brands, helped by the rising popularity of the WNBA and other leagues.
Will it work? Nike and Skims are touting their brand partnership as an opportunity to disrupt the global fitness and activewear industry by giving women access to athletic products that deliver on both performance and style. While much depends on execution, Skims’ red-hot popularity could give Nike the boost it needs to regain its brand cachet and push sales into positive territory.
First Published on Feb 18, 2025