Nike is going all-in on the 2026 FIFA World Cup, launching a massive marketing blitz designed to claw back market share after one of the most painful stretches in the company’s recent history. With shares down more than 30% year-to-date, this isn’t just a branding exercise. It’s a survival play.

The campaign, called “Rip The Script,” features a roster of global stars including Cristiano Ronaldo, Kylian Mbappé, and LeBron James. The initiative is CEO Elliott Hill’s clearest bet yet that football, not basketball or lifestyle sneakers, is where Nike needs to win right now.

The playbook: kits, culture, and celebrity firepower

Here’s the thing about the World Cup: Nike isn’t even the official sponsor. That title belongs to Adidas, which has held FIFA sponsorship rights and historically dominated the football category. Projected FIFA sponsorship revenue for the 2026 cycle is expected to hit a record $2.8B, and Nike is trying to capture a significant slice of that attention without the official badge.

Nike is supplying kits for multiple powerhouse national teams, including France and Brazil, giving it enormous visibility every time those squads take the field. The company is also rolling out specialized merchandise drops tailored to specific markets, including items like the “Hollywood Keepers” goalkeeper jersey, a nod to the tournament’s North American host cities.