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Who owns New Balance?

New Balance

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Brand origin
United States
Main production
Several countries, incl. Vietnam

New Balance is an American athletic footwear, apparel, and accessories brand ultimately owned by New Balance Athletics, Inc., a privately held, family-owned company.

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Updated: 29 October 2026 Β· Ownership verified: 13 September 2026 Β·
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About New Balance

What is New Balance?

New Balance is an American sportswear brand that makes athletic footwear, apparel, and accessories. New Balance is headquartered in Boston, Massachusetts. New Balance operates as a privately held business and reported $6.5 billion in revenue in 2023.

Who owns New Balance?

New Balance is ultimately owned by New Balance Athletics, Inc., according to Made O'Meter's ownership data verified on 13 September 2026. New Balance Athletics, Inc. is a privately held, family-owned company. Jim Davis purchased New Balance in 1972 and remains its chairman. New Balance Athletics, Inc. is the legal name adopted by the business in 2015.

Where does New Balance come from?

New Balance originated in the United States and was founded in Boston in 1906 by William J. Riley. The business originally made arch supports. New Balance produced its first running shoe in 1938 for the Boston Brown Bag Harriers running club. Eleanor and Paul Kidd purchased the business in 1953. Jim Davis purchased New Balance in 1972.

What products does New Balance make?

New Balance makes running shoes, lifestyle shoes, sports apparel, and accessories. New Balance product lines include the 990, 574, 327, and Fresh Foam footwear ranges. New Balance also produces products for basketball, football, tennis, golf, training, and other sports. New Balance sells products in 120 countries, according to company information.

Frequently asked questions about New Balance

Is New Balance a family-owned company?

Yes. New Balance Athletics, Inc., the ultimate owner of New Balance, describes itself as a privately held, family-owned company.

Where is New Balance headquartered?

New Balance is headquartered in Boston, Massachusetts, United States. The company's world headquarters is in Boston's Allston-Brighton area.

Who founded New Balance?

William J. Riley founded New Balance in Boston in 1906. The business initially sold arch supports before expanding into athletic footwear.

Does New Balance make shoes in the United States?

Yes. New Balance operates manufacturing facilities in the United States, including facilities in Massachusetts and Maine. New Balance also manufactures products in other countries.

What is New Balance known for?

New Balance is known for running shoes, including the 990 and 574 lines, and for offering athletic footwear in multiple widths. New Balance also makes apparel and products for several sports.

Sources: en.wikipedia.org, newbalance.com.au, linkedin.com, de.wikipedia.org, hypebeast.com, newbalance.newsmarket.com, newbalance.com, ru.wikipedia.org

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Sources: en.wikipedia.org

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Products from New Balance

42

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Alternatives to New Balance

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