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Nike Partners with Kim Kardashian's Skims to Launch NikeSKIMS, Aiming to Boost Women's Activewear Market Amid Financial Challenges
Monday
24 February, 2025
Nike's collaboration with Kim Kardashian's Skims marks a bold move to rejuvenate its brand and tap into the growing women's activewear market. Can this partnership truly reshape Nike's trajectory in a competitive landscape while celebrating body inclusivity?
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Key Takeaways
- Nike is experiencing an 8% revenue drop and its stock is at a five-year low.
- The collaboration with Skims may not effectively reverse Nike's sales decline.
- Intense competition from brands like Lululemon and Hoka poses challenges for Nike.
- Emphasis on women's activewear may not boost overall sales without male consumer engagement.
- Systemic brand relevance and market strategy issues could deter potential investors.
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