New Balance CEO Joe Preston joins Yahoo Finance Live to discuss company earnings, going public, the state of athleisure apparel, consumer trends, partnerships, rising inflation, a recession, and ...

New Balance CEO Joe Preston told Yahoo Finance that the sneaker company had its best year ever in 2024, with global annual sales reaching $7.8 billion — a 20% increase from 2023.

New Balance’s Revenue Spiked 23% in 2023, Clocking $6.5B USD in Sales: ... The company is now gearing up to open 90 new stores in 2024, along with remodeling 50 existing stores. ...

Preston spoke to TIME in September about how the company has moved on from the 2016 controversy, his strategy to appeal to new customers, and what he’s learned about leadership during his career.

If New Balance never designed another new sneaker again and lived off of perennial favorites and archival reissues, it would do just fine.. But the Boston-based athletic company is not one to rest on ...

“We were sort of playing Scorsese, casting for a movie.” That’s how Andrew McGarty, New Balance’s director of sports marketing for global football, described his company’s early steps ...

New Balance announced its deal with Shohei Ohtani in January 2023, as the company went from being a brand officially endorsed by no one (but unofficially endorsed by aging dads everywhere) to ...

The classic 1960s New Balance Trackster. The brand was founded in Boston back in 1906 when it was originally called the New Balance Arch Support Company.

The best New Balance sneakers for men have come a long way.So let’s start at the beginning: In 1906, the New Balance Arch Support Company set up shop in Massachusetts, a state it still calls ...

New Balance has a factory in Skowhegan, Maine, a mere 25 miles from Flagg's hometown of Newport. "The connection with New Balance as a family company and a company with Maine roots means a lot to ...

Originally introduced in 1993, New Balance 998s were the first to utilize the company’s Abzorb cushioning, combining it with a slightly less chunky profile than the brand’s earlier efforts.