Nike and Skims postpone debut of women’s activewear brand

Nike’s (NKE.N) launch of a new women’s activewear brand in the US through a partnership with Kim Kardashian-owned shapewear label Skims has been delayed, the Air Jordan maker’s spokesperson told Reuters.

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’ (DECK.N) Hoka.

Skims, which was launched in 2019...