Nike revives the Pegasus 2K5, a popular running shoe from the 2000s and early 2010s that is making a splash in today's lifestyle scene. This version comes in the colors Phantom and Coconut Milk with accents in Gym Red. The eye-catching details include small Swooshes, cut-outs on the toes and striking badges on the midsole and heel. Unlike the original Air Pegasus 2005, the modern iteration features a Nike Air bubble in the forefoot, hidden under vertical stripes and adorned with full-length Nike Air lettering.