TicketSearch Pty Ltd
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read moreGlobal sporting brand Nike is launch new range of women's activewear in partnership with Kim Kardashian-owned shapewear label SKIMS.
The partnership with the reality media star and entrepreneur is aimed at boosting its market among female-centric athleisure brands at a time when it is facing increasing challenges from competitors.
It also aims to expand its market share beyond male focussed products which currently make up more than half of its sales.
Announcing the link, Heidi O’Neill, Nike's President of Consumer, Product and Brand, advised "we’re energised by the opportunity to build a new brand and shake things up for the next generation of athletes with NikeSKIMS.
“This partnership brings together the best of both brands and unlocks an incredible opportunity to disrupt the industry with our shared passion and commitment to innovation.
"We will invite even more athletes into sport and movement with product that makes them feel strong and sexy.”
Commenting on the new product range, Reuters quoted Morningstar analyst David Swartz as stating "the women's business has faster growth and it has more potential growth in the future.
"Nike missed out on that opportunity that Lululemon, opens new tab exploited over the last 10-15 years.
"The Skims partnership is an effort to grow a little bit faster in that area."
Demand for women's active wear has been a growth driver for Canada-based Lululemon, as well as for other competitors such as Australia's Lorna Jane.
10th January 2025 - Nike announces 2025 women’s race series ‘After Dark Tour’
14th January 2024 - Nike urged to compensate 4,200 garment workers in Thailand and Cambodia
19th November 2023 - Football Australia and Nike unveil new 10-year partnership
8th November 2023 - Shopping for active wear can be harmful to women
2nd June 2023 - Myzone welcomes former Nike brand leader Kerry Williams as new Chief Marketing Officer
7th May 2023 - New active wear brand backed by ‘invisible higher dimensional being’
3rd April 2023 - Nike reveals new Matildas Team Kit
30th July 2022 - Nike supports beginners to elite runners on training journey for Melbourne Marathon Festival
9th June 2022 - Performance-focused active wear line launched by Hong Kong powerlifter
16th March 2022 - Active wear brand Ryderwear announces plans to open 12 gyms across Australia
13th June 2021 - Nike covers Hong Kong basketball court surface with grind materials
21st December 2020 - ACCC to take Court action against Lorna Jane over ‘anti-virus active wear’ claims
6th February 2018 - Only a quarter of female active wear market loyal to specific brands
9th March 2017 - Nike launches high-performance sports hijab for Muslim athletes
7th March 2017 - Australian active wear sales predicted to soar
29th June 2016 - New research shows women want fashion and function in active wear
12th May 2016 - Active Wear research project moves into ‘Delphi Study’ phase
7th April 2016 - Comedy group parodies the active wear trend
20th May 2015 - Research to explore trends in female consumers’ purchasing of active wear
11th September 2014 - Guest alleges Melbourne hotel gym closed for exclusive use by Kardashian entourage
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