BUZZ-Nike rises after partnership with Kim Kardashian's Skims

Reuters

2025/02/18

** Nike Inc's NKE.N shares up nearly 3% at $75.22 in early trade

** Company says it is teaming up with Kim Kardashian-owned shapewear label Skims to launch "NikeSKIMS" brand in the U.S.

** NikeSKIMS product line will contain training apparel, footwear and accessories for women

** Says a global expansion will follow in 2026, with extension to new markets and retail locations, including wholesale partners

** Adds that the brand will debut its collection in the U.S. at select retail stores and on the Nike website in spring

** NKE stock fell 30% in 2024

(Reporting by Aamir Sohail in Bengaluru)

((Aamir.Sohail@thomsonreuters.com;))

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