The rollout of Nike's collaboration with Kim Kardashian's shapewear brand Skims will miss its target to launch this spring because of production delays, according to a report.

For Skims, which was last valued at $4 billion, the partnership with Nike brings a growth opportunity as it expands into athleisure. Nike's stock is down more than 20% year to date.

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For Skims, which was last valued at $4 billion, the partnership with Nike brings a growth opportunity as it expands into athleisure. Nike's stock is down more than 20% year to date.

“Nike and SKIMS share a deep commitment to innovation, inclusivity and pushing boundaries, driven by an unwavering belief in the power of women,” Kardashian said in Nike’s February news release.

For Skims, which was last valued at $4 billion, the partnership with Nike brings a growth opportunity as it expands into athleisure. Nike's stock is down more than 20% year to date.

For Skims, which was last valued at $4 billion, the partnership with Nike brings a growth opportunity as it expands into athleisure. Nike's stock is down more than 20% year to date.