Nike pushes back Skims launch with Kim Kardashian due to production delays

1. NikeSKIMS activewear line faces production delays, launching later than expected. 2. Delays are internal; no date announced for the new launch. 3. Nike's stock down over 20% year-to-date amid challenging sales. 4. CEO Elliott Hill is prioritizing Skims to rejuvenate brand image. 5. Partnership with Skims valued at $4 billion offers growth potential.