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About New Balance

New Balance is an American multinational sports footwear and apparel company best known for its premium running shoes, lifestyle sneakers, athletic apparel, and sports accessories. Founded in 1906 in Boston, Massachusetts, the company has grown from a small arch-support manufacturer into one of the world’s leading athletic brands while maintaining a strong reputation for comfort, craftsmanship, and performance. Unlike many competitors, New Balance has continued to manufacture a portion of its footwear in the United States and the United Kingdom, making domestic production a defining part of its brand identity.1

Overview

Attribute Details
Company Name New Balance Athletics, Inc.
Founded 1906
Founder William J. Riley
Headquarters Boston, Massachusetts, United States
Industry Sportswear, Footwear, Apparel
Products Athletic shoes, lifestyle sneakers, clothing, accessories
CEO Joe Preston
Ownership Privately owned (Davis family)
Markets Worldwide
Known For Running shoes, walking shoes, lifestyle sneakers, Made in USA and Made in UK collections

History

Founding (1906–1930s)

New Balance was founded in 1906 by William J. Riley, an Irish immigrant living in Boston. The company originally operated as the New Balance Arch Support Company, producing orthopedic arch supports and shoe inserts designed to improve foot comfort and balance.

According to company history, Riley was inspired by the natural balance of a chicken’s three-point foot, which influenced the design philosophy behind his arch supports. This emphasis on biomechanics and foot health became the foundation of the brand.1

Expansion into athletic footwear

During the 1930s and 1940s, New Balance began creating custom athletic footwear for runners, baseball players, and other athletes.

In 1960, the company introduced the Trackster, considered one of the first modern running shoes. It featured:

  • Ripple outsole
  • Lightweight construction
  • Multiple width options

Offering shoes in different widths became one of New Balance’s signature innovations and remains an important feature today.2

Jim Davis era (1972)

A major turning point occurred in 1972, when Jim Davis purchased New Balance during the Boston Marathon.

At that time:

  • The company had only a handful of employees.
  • Production was limited.
  • Annual sales were relatively small.

Under Davis’s leadership, New Balance expanded internationally while maintaining a focus on performance footwear and domestic manufacturing.1

Growth during the running boom

The running boom of the 1970s greatly increased demand for New Balance shoes.

Several milestones followed:

  • 1976: The New Balance 320 was named the top running shoe by Runner’s World.
  • 1978: Introduction of one of the company’s first running shoes designed specifically for women.
  • 1982: Launch of the iconic 990, the first running shoe to retail for $100, positioning itself as a premium product.1

Brand philosophy

New Balance emphasizes several core values:

  • Performance before fashion
  • Superior fit and comfort
  • Premium craftsmanship
  • Innovation
  • Independent ownership
  • Domestic manufacturing

Its brand purpose is to “empower people through sport and craftsmanship to create positive change in communities around the world.”3

Products

New Balance manufactures products across several categories:

Footwear

  • Running shoes
  • Walking shoes
  • Training shoes
  • Basketball shoes
  • Tennis shoes
  • Soccer boots
  • Skateboarding shoes
  • Lifestyle sneakers
  • Hiking shoes

Apparel

  • Running apparel
  • Sportswear
  • Hoodies
  • Jackets
  • Shorts
  • Leggings
  • Jerseys

Accessories

  • Socks
  • Backpacks
  • Hats
  • Insoles
  • Shoe care products

Notable sneaker series

Some of New Balance’s most recognizable shoe lines include:

990 Series

The flagship premium running shoe line.

Known for:

  • Exceptional comfort
  • ENCAP cushioning
  • Made in USA production
  • Timeless design

574

One of the brand’s most successful lifestyle sneakers.

Features:

  • Classic silhouette
  • Affordable pricing
  • Versatile everyday wear

327

A retro-inspired sneaker launched in 2020, blending 1970s running aesthetics with modern fashion.

550

Originally introduced as a basketball shoe in 1989, the 550 became a global lifestyle favourite after its re-release through collaborations.

2002R

Inspired by premium running footwear, combining retro design with modern cushioning.

1906R

Named after the company’s founding year, this model emphasises performance technology and contemporary styling.

Technologies

New Balance has developed numerous proprietary technologies, including:

  • Fresh Foam – lightweight cushioning
  • FuelCell – energy-return foam for speed
  • ENCAP – supportive midsole combining foam and polyurethane
  • ABZORB – impact absorption
  • Ndurance – durable rubber outsole
  • Hypoknit – engineered knit upper
  • FantomFit – lightweight structural support

Manufacturing

Unlike many athletic footwear companies, New Balance continues to manufacture selected shoes domestically.

Made in USA

Produced in factories located in:

  • Maine
  • Massachusetts

Made in UK

Manufactured in:

  • Flimby, Cumbria, England

These collections are regarded as premium products due to their craftsmanship and materials.1

Collaborations

New Balance has become highly influential in sneaker culture through collaborations with designers, fashion labels, and retailers, including:

  • Aimé Leon Dore
  • Joe Freshgoods
  • Salehe Bembury
  • Kith
  • JJJJound
  • Stone Island
  • Miu Miu

These partnerships have helped position New Balance at the intersection of performance footwear and high fashion.4

Sponsorships

New Balance sponsors athletes and teams across multiple sports, including:

  • Running
  • Football (soccer)
  • Basketball
  • Tennis
  • Baseball
  • Cricket

The company also supplies uniforms and equipment for professional clubs and national teams in various countries.

Sustainability

New Balance has expanded its environmental and social initiatives through annual sustainability reports, focusing on:

  • Lower-carbon manufacturing
  • Responsible sourcing
  • Waste reduction
  • Renewable energy
  • Community investment
  • Ethical governance

The company also publishes measurable goals and progress related to product, people, and environmental impact.1

Market position

New Balance is widely regarded as one of the world’s leading athletic footwear companies, competing with brands such as Nike, Adidas, ASICS, Puma, and Brooks. It has built a reputation for combining performance engineering with understated design, appealing to runners, athletes, and fashion-conscious consumers alike. Recent years have seen strong growth driven by both performance products and lifestyle collaborations.5

Legacy

Over more than a century, New Balance has evolved from a small orthopedic support business into a global sportswear company. Its emphasis on fit, quality, innovation, and selective domestic manufacturing has distinguished it within the athletic footwear industry. Iconic models such as the 990, 574, 550, 327, 2002R, and 1906R have become staples in both running and streetwear culture, reinforcing the brand’s identity as one that balances athletic performance with everyday style.

References

This profile was compiled with AI assistance and reviewed before publishing. How we use AI

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