The shoe company, which makes sneakers for other companies, is trying to make some inroads into the market for the adidas brand.
It recently announced plans to sell off its entire footwear division.
The deal will see Nike discontinue the adizero line, which includes shoes like the Nike Zoom Boost 2, and create a new, more streamlined shoe line, called the Nike Originals.
The shoe brand will focus on sneakers with more modern design, according to the Wall Street Journal, and will not be sold to a third party.
The deal is a move away from the adiabolition of the adis, who were once the top shoe brands in the world.
Nike has long relied on adidas to provide shoes for its athletes and fans.
The brand’s shoes have become a fashion icon and a fashion brand for young women, who are increasingly turning to sneakers to stay connected to their passions and stay out of the sun.