Nike Kicks Off Multi-Year Innovation Cycle
April 11 2024 - 1:01PM
Business Wire
New products fueled by insights from the
world’s leading athletes, brought to life by computational design
and advanced manufacturing
Today, NIKE, Inc. (NYSE: NKE) extended its position as the
undisputed leader of footwear and apparel innovation by debuting a
new line-up of products that signaled a multi-year innovation
cycle. Brought to life by the full power of digital capabilities
and cutting-edge technology, the company is delivering better,
faster, more efficient solutions for athletes this summer and
opening a world of creative possibilities — including Nike's first
sculpted, visible Air Zoom unit in the new Pegasus Premium running
shoe.
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Harnessing its proprietary Air
technology, Nike debuts the Nike Pegasus Premium – taking the
cushioning that runners love from the iconic Pegasus franchise and
adding Nike’s first sculpted, visible Air Zoom unit. The new,
sculpted Air Zoom unit is the brand’s biggest Air innovation since
the launch of the Nike Air VaporMax. (Photo: Business Wire)
The proprietary, sculpted Air unit connects the heel and
forefoot and uniquely contours to the natural profile of the foot,
delivering an entirely new springy, smooth sensation. Combined with
ZoomX and ReactX foam, the new cushioning system creates more
energy return for everyday runners.
In addition, Air, Nike’s most revolutionary, ubiquitous and
versatile cushioning platform, powers the products Nike athletes
will wear on the track, court and pitch this summer. Nike has
optimized Air by leveraging computational design and incomparable
athlete data from the Nike Sport Research Lab to create footwear
that helps all athletes break barriers.
“For more than 50 years we’ve listened to and over-delivered for
our athletes with the best of Nike innovation. We always push the
boundaries of what’s possible and take risks to help create the
future of sport together,” said John Hoke, Nike’s Chief Innovation
Officer. “This summer, the difference maker is the massive energy
return that Nike Air delivers to athletes. Taking what we learned
from our super-shoe technology, we’re introducing new Nike Air Zoom
shapes and sensations across all sports.”
The best of Nike’s Air innovation for this summer will debut in
the Nike Blueprint Pack, spanning footwear for track and road
racing, basketball, football, skate, breakdancing and lifestyle.
The blue, white and orange colorway is a nod to Nike’s co-founder,
Bill Bowerman, and his obsession with enabling the best-possible
athlete performance.
Nike’s world-class athletes, including Dina Asher-Smith,
Shelly-Ann Fraser-Pryce, Eliud Kipchoge and Sha’Carri Richardson,
revealed the brand’s 2024 federation kits, which are the most
data-driven and visually unified Nike’s ever produced. Based on 4D
motion-capture data, with pixel-level precision and specifically
designed for each competition, the kits were inspired by the
distinct identities and diverse communities of each country and
sport.
Nike also revealed A.I.R. — Athlete Imagined Revolution. In this
co-creation project between elite athletes and Nike designers, Nike
used innovative design tools to create the future of Air. The
radical concepts are a view into the future of athlete co-creation,
as well as the unlimited possibilities of Nike Air.
“There are now no limits to what we can create with Nike Air,”
said Hoke. “We’re obsessing new technologies like AI engines and
rapid prototyping to continue exploring the unlimited
possibilities. Now we can create Nike products with unprecedented
fidelity, velocity and impact.”
“We’re thrilled to celebrate another summer of sport with our
incredible athletes and the product innovations that will help
propel them to achieve their dreams,” said Heidi O’Neill,
President, Consumer, Product and Brand, NIKE, Inc. “What you’ll see
this year on the pitch, court, road or track signals a new,
exciting multi-year cycle of innovation for us. And this summer is
just a hint of the game-changing innovations coming across our
entire portfolio that will take us into new markets and market
share opportunities.”
About NIKE, Inc.
NIKE, Inc., based near Beaverton, Ore., is the world's leading
designer, marketer and distributor of authentic athletic footwear,
apparel, equipment and accessories for a wide variety of sports and
fitness activities. Converse, a wholly owned NIKE, Inc. subsidiary
brand, designs, markets and distributes athletic lifestyle
footwear, apparel and accessories. For more information, NIKE,
Inc.’s earnings releases and other financial information are
available on the Internet at http://investors.nike.com. Individuals
can also visit http://news.nike.com and follow @NIKE.
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