Nike’s Most Debatable Sneaker of 2025 Is Getting Its Sharpest Release Yet

Nike’s newest addition to the Pegasus family features a sharp new colorway that continues to blur the line between performance and style.

A close-up of the heel of the Nike Pegasus Premium in Photo Blue against a baby blue backgroundNike

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As part of Nike’s ongoing effort to recenter its brand around performance and sport, the Swoosh is doubling down on its running heritage. That strategy appears to be resonating. A renewed focus on core categories like running has reinvigorated investor confidence and helped Nike regain some of the momentum it lost in the lifestyle-heavy post-pandemic era.

Nike Pegasus Premium running shoe
Nike unveiled the Pegasus Premium in mid-January 2025 as a luxurious addition to the company’s popular Pegasus running shoe.
Jack Seemer for Gear Patrol

While newer models like the Vomero 18 have captured attention — recently becoming a $100 million business — it’s the enduring Pegasus franchise that remains the cornerstone of Nike’s running category. According to community platforms like Strava, the Pegasus continues to be the most popular running shoe, even outperforming newer darlings from brands like Hoka.

An illustration of the Nike Pegasus Premium showing the sneakers layers
Though the Pegasus Premium is packed with premium technical features, its more traditional silhouette has led many to argue that it’s more of a “lifestyle” sneaker.
NIke

That legacy makes the launch of the Pegasus Premium earlier this year all the more significant. It isn’t a simple upgrade — it’s a complete rethink. Combining performance-forward tech with a minimalist aesthetic, the Pegasus Premium feels equally at home on a tempo run or paired with jeans. And now, it’s arriving in its strongest colorway yet.

Meet “Photo Blue”

A close-up of the upper of the Nike Pegasus Premium in white and photo blue
Both House of Heat and Sneaker News have offered early teases of the upcoming Pegasus Premium in “White/Photo Blue.”
Nike

Nike has methodically rolled out colorways for the Pegasus Premium, balancing the shoe’s tech-laden silhouette with refined, wearable palettes.

That approach continues with the newly teased “White/Photo Blue” edition — previewed by House of Heat and Sneaker News — looks like a near direct follow-up to the launch color that subtly replaces red accents with vivid cobalt.

A top down view of the Nike Pegasus Premium in white and photo blue
The upcoming release mostly mirrors the look of the first Pegasus Premium Nike releases, but swaps the original’s orangish red air unit with a classic blue shade.
Nike

It also includes touches of “Pure Platinum” and “Black,” contrasting the saturated blue detailing. This colorway amplifies the Premium’s sleek geometry while leaning into Nike’s performance DNA.

A profile view of the inside edge of the Nike Pegasus Premium in white and photo blue
The latest color release does little to settle the debate about whether this is a true running shoe or a lifestyle sneaker.
Nike

Beneath the aesthetics, the shoe remains packed with high-end tech: a full-length ZoomX unit, a carved-out foam midsole for improved responsiveness, and reflective tape for visibility. These features cement the Premium’s place as one of the most advanced entries in the Pegasus lineage — even if it continues to fuel debates about whether it’s more performance shoe or style-forward sneaker.

Pricing and Availability

A pair of Nike Pegasus Premium in white and photo blue is shown head-on from the heelsNike

Initial details for the “White/Photo Blue” Pegasus Premium have been shared by both House of Heat and Sneaker News, though a release date has yet to be confirmed. Based on past drops, it’s reasonable to expect a fall launch.

Pricing should mirror other Pegasus Premium offerings, coming in at $220. That positions the shoe firmly in the high-performance bracket, but given its hybrid appeal, it’s not hard to imagine it landing in weekly rotations for more than just your long runs.

Ethics Disclosure: A member of the author’s family is an employee of Jordan Brand, a wholly owned subsidiary of Nike, Inc.