Nike delays launch for new brand with Kim Kardashian's Skims over production delays

1. Nike's collaboration with Skims faces production delays, missing spring launch target. 2. CEO Elliott Hill had expected a May launch for the first collection. 3. The partnership aims to energize Nike’s women's division amid slowing growth. 4. Nike shares dropped over 20% this year, while the S&P 500 rose 2%. 5. A global launch for the collaboration is still planned for 2026.