lululemon athletica (LULU), Under Armour (UA) on Watch as Nike Debuts Spring/Summer 2015 Women’s Collections

lululemon athletica (Nasdaq: LULU) and Under Armour (NYSE: UA) are on watch as Nike (NYSE: NKE) unveiled its new Spring/Summer 2015 Women’s collections today.

In part, the press release read, Nike’s Spring/Summer 2015 Women’s collections feature new performance looks and designer collaborations catering to every element of a modern woman’s athletic lifestyle. These include new products across Nike’s running, training and sportswear categories, ranging from high-performance tights to Nike Flyknit footwear to innovative new sports bras.

The news might be worse for lululemon, which has been a leader in the women's clothing category for the last few years. Under Armour has been looking to expand its presence in women's and kid's, as well.

Shares of the two companies are mixed on Wednesday's trading session.

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