|Type||Privately held company|
|Founded||1906 as New Balance Arch Support Company|
|Founder(s)||William J. Riley|
|Headquarters||Boston, Massachusetts, USA|
|Key people||Jim Davis, Chairman
Robert T. DeMartini, CEO & President
John Withee, Exec. Vice President and CFO
Anne Davis, Vice Chairman and EVP, Administration 
|Products||Athletic shoes, shoes, apparel,|
|Revenue||US$1.65 billion (2009) |
|Employees||3,908 worldwide (2009)|
New Balance Athletic Shoe, Inc. (NBAS), best known as simply New Balance, is an American footwear manufacturer based in the Brighton neighborhood of Boston, Massachusetts, United States (US). The company was founded in 1906 as the "New Balance Arch Support Company" and is one of the world's major sports footwear manufacturers.
New Balance maintains a manufacturing presence in the US, as well as in the United Kingdom—for the European market, where they produce some of their popular models such as the 990 model—in contrast to its competitors, who manufacture outside of the USA and UK. As a result, New Balance shoes tend to be more expensive than those of many other manufacturers. To offset this pricing difference, New Balance claims to differentiate their products with technical features, such as blended gel inserts, heel counters, and a greater selection of sizes, particularly for very narrow and/or very wide widths.
In 1906, William J. Riley, a 33-year old British emigrant, founded the New Balance Arch Support Company, manufacturing arch supports and other accessories designed to improve shoe fit in the Boston area. His first product, a flexible arch support, was designed with three support points to provide greater balance and comfort in the shoe. It is believed that Riley came up with the name "New Balance" by observing chickens in his yard and demonstrated the way his arch supports worked by keeping a chicken foot on his office desk. He explained to customers that the chicken's three-clawed foot resulted in perfect balance. In 1927, Riley hired Arthur Hall to be a salesman. In 1934, Hall became a business partner and found his niche by marketing to people whose jobs required them to spend much time standing. In 1956, Hall sold the business to his daughter Eleanor and her husband Paul Kidd.
Eleanor and Paul Kidd continued to sell mainly arch supports until 1960, when they designed and manufactured the "Trackster", the world's first running shoe made with a ripple sole. It was also the first running shoe to come in varying widths. The "Trackster" was given a big boost through the YMCA programs in which it became the unofficial shoe. College track teams such as MIT, Tufts University and Boston University adopted the New Balance Trackster for their cross-country teams, soon to be followed by other colleges and private high schools around the country.
Marketing was mostly word-of-mouth or local sports fairs. Sales languished until 1972 when current Chairman Jim Davis bought the company the day of the Boston Marathon. At the time, the company consisted of 6 people making 30 pairs of shoes daily and selling products mostly through mail-order with a few U.S. retailers. Jim committed himself to uphold the company's traditional commitment to individual preferences, customer service and quality products. His future wife Anne, who joined the company in 1978, focused on building a distinct culture for New Balance employees and customers. Their timing was perfect, as the Boston area became a center for the running boom that struck the U.S. in the 1970s. Their product line expanded and sales grew rapidly. The company prospered, and the Davises looked to expand New Balance into a global company. The company is now run by Rob DeMartini. DeMartini's background includes Procter & Gamble and Gillette Shave Company. Today, 30% of the New Balance shoes sold in the European market are manufactured at the New Balance facility in Flimby, England.
Made in USA (and UK) stance
New Balance is one of several shoe companies that makes some of their products in the United States. Green America states in the New Balance Responsible Shopper company information page that around one quarter of NB's shoes are made in the United States. New Balance owns five factories in the United States: two in Massachusetts (Boston and Lawrence), and three in Maine (Norridgewock, Skowhegan, and Norway)
In 1994, New Balance manufactured 70% of its shoes in the United States. In 2006, New Balance stated on its customer help site that "approximately 25% of the New Balance shoes sold in North America are Made in the USA and we will continue domestic manufacturing."  According to Fortune Magazine in 2006, "about 70 percent of its shoes are now made in China and the other 5 percent in Vietnam." 
New Balance Numeric
In 2013, New Balance launched a skateboarding shoe brand dubbed "New Balance Numeric" that is distributed by Black Box Distribution, a company founded by professional skateboarder Jamie Thomas. Following the announcement of the partnership in December 2012, Thomas stated in an interview with the TransWorld Business publication: "I am most hyped about the positive energy this partnership creates for the future of our distribution as well as how this partnership enables us to further support skate retailers with a new brand they can trust and depend on."
The Numeric brand is overseen by Brand Manager Sebastian Palmer, who was formerly with now-defunct skate shoe brand eS, while Mike West, of Westlife Distribution and snowboarding brand 686, is Creative Director. West explained at the launch event: "I myself was a sponsored skateboarder back in the late eighties, so, for me, skateboarding is always at my heart, it's something that I bleed in. Same with running, before skateboarding, so it kind of just all came to what we are today, which is New Balance Numeric skateboarding." Palmer explained further at the same event:
New Balance is about doing things right. They are about doing things they wanna do, and following those through. We saw the chance to do something really authentic in a youthful culture that they [New Balance] hadn't really had a presence in before. More than that, they saw an authentic culture that they wanted to be a part of.
The brand also consists of a sponsored team that is co-ordinated by professional skateboarder John Rattray.
A class action lawsuit against New Balance filed in 2011 alleges that the company's toning footwear touts unproven benefits. In support of its claim of false advertising, it cites a University of Wisconsin–La Crosse research study on Toning Shoes that has been funded and published by the American Council on Exercise.
Researchers reported that there were no “statistically significant increases in either exercise response or muscle activation” as a result of wearing the Toning Shoes. There was no statistically significant difference between participants wearing special "Toning shoes" and controls wearing normal sneakers. The researchers concluded that there is "simply no evidence to support the claims that these shoes will help wearers exercise more intensely, burn more calories or improve muscle strength and tone.” However, it was noted that “These shoes may be encouraging a fair number of people who probably wouldn’t put on a normal pair of walking shoes and go out and walk." 
New Balance is the apparel partner for the Melbourne Football Club in the Australian Football League. It also has an endorsement deal with Matt Bonner of the NBA's San Antonio Spurs. New Balance also sponsors the Boston Cannons major league lacrosse team (MLL), and the primary sponsor of Boston's bike share system, New Balance Hubway. New Balance sponsored their first tennis player Canadian Milos Raonic starting 2013. In 2014, it was announced they would be sponsoring the professional League of Legends team, SKT T1.
- "Profile: New Balance", Hoover's
- "Fact Sheet: New Balance Athletic Shoe, Inc." (PDF). New Balance. Retrieved 2013-07-21.
- Enduring Performance: The New Balance Story
- New Balance Flimby Factory website
- Responsible Shopper Profile: New Balance
- "Made in the USA - Skowhegan", New Balance Documentary, 2009
- New Balance – Domestic Manufacturing
- Hemmerdinger, J. (22 May 2011). "The Bottom Line: Running hard". Portland Press Herald. Retrieved 22 May 2011.
- Shoe and Tell: The Quest for American-Made Sneakers
- "USA Manufactured Models", New Balance, FAQ, October 17, 2006
- Parloff, Roger, "Not exactly counterfeit: Foreign contractors make more products than they're supposed to then sell the excess out the back door. New Balance found out just how hard it can be to shut down the 'third shift.', Fortune magazine, April 26, 2006
- Kailee Bradstreet (10 December 2012). "BLACK BOX EXECUTIVE TEAM & MIKE WEST WEIGH IN ON NEW BALANCE PARTNERSHIP". TransWorld Business. Grind Media. Retrieved 10 August 2013.
- HypebeastTV (9 January 2013). "Mike West Introduces New Balance Numeric" (Video upload). YouTube. Google, Inc. Retrieved 10 August 2013.
- Blair Alley (8 August 2013). "NEWSHIT INTERVIEW: TYLER SURREY & JORDAN TAYLOR ON NEW BALANCE NUMERIC". TransWorld Skateboarding. Grind Media. Retrieved 10 August 2013.
- "Team". New Balance Numeric. Black Box DIst. 10 August 2013. Retrieved 10 August 2013.
- "Pashamova v. New Balance". Retrieved 6 February 2011.
- Parcari, Ph.D., John; Mark Anders, John Greany, Ph.D., Stephanie Tepper, M.S., Brian Edmonson, B.S., and Carl Foster, Ph.D. Will Toning Shoes Really Give You A Better Body?. Retrieved 2/5/11.
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