
With the fifth and final season of Stranger Things looming, the cult-favorite Netflix series is again partnering with Nike—this time on a two-pair Nike Dunk Low capsule set to arrive during Holiday 2025.
Following their past collaborations, which channeled supernatural themes and retro 1980s vibes, the upcoming collection continues the tradition with a darker, more distressed feel. First looks of the “Phantom” colorway are now live, showcasing cracked leather uppers, flipped Nike logos on the tongue, insole, and heel, and handwritten callouts under the eyestays—all nodding to the alternate dimension of the Upside Down. A pre-yellowed midsole wraps up the nostalgic aesthetic, giving the pair the feel of a forgotten relic from 1985.
Joining the "Phantom" is a second colorway in Black/Speed Red–Varsity Red–Anthracite. Though not yet revealed, its palette suggests a more ominous motif—possibly symbolizing the show's darker characters and locations.
Both pairs are priced at $155 and expected to release later this year. With the final season of Stranger Things on the way, the collaboration serves as both a farewell and a collector’s keepsake.
Expect more details and images of the second pair to surface soon.
For more on the Nike Empire, make sure to checkout the upcoming Nike Basketball "Team Bank" collection here.




