
New Balance
United States"Fearlessly Independent since 1906"
About
New Balance started in 1906 as the New Balance Arch Support Company in Boston, Massachusetts, making arch supports and orthopedic footwear. Over more than a century, it has grown into one of the world's largest athletic footwear and apparel brands, yet it remains privately held and family-controlled. The company's tagline, "Fearlessly Independent since 1906," reflects both its long history and its decision to stay independent in an industry dominated by publicly traded giants.
What sets New Balance apart is its commitment to domestic manufacturing. Unlike most competitors, New Balance operates factories in the United States and the United Kingdom, producing many of its most popular models there. This allows for greater quality control and supports local economies, but it also means higher production costs. The brand offsets these costs with premium pricing on its Made in USA and Made in UK lines, which have become a point of distinction and pride for the company.
New Balance is known for its technical innovations, such as blended gel inserts and heel counters, and for offering an exceptionally wide range of sizes, especially for narrow and wide feet. This focus on fit and comfort has earned it a loyal following among runners and casual wearers alike. The brand has also made significant inroads into fashion, with models like the 9060 and 2002R achieving cult status among sneaker enthusiasts.
In 2023, New Balance generated approximately $6.5 billion in revenue. The company continues to expand its product lineup and partnerships, including NIL deals with college athletes and sponsorships with professional teams. Its headquarters remain in Boston, and it maintains a global presence with distribution and retail operations across North America, Europe, Asia, and beyond.
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Company Info
- Founded
- 1906
- Headquarters
- Boston, Massachusetts, United States
- Industry
- Footwear, Apparel
- Revenue
- 6.5 billion USD (2023)
- Revenue (2023)
- $6.5 billion
- Ownership
- Privately held, Davis family
- Manufacturing
- USA and UK
Official Website
www.newbalance.com/
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