How "Dad Shoes" Turned New Balance Into A $5 Billion Brand

What was once a favorite of dads across America is suddenly a fashion-forward brand in its own right. New Balance now has faster-growing sales than larger rivals Nike and Adidas, and fans range from Hailey Bieber to Kawhi Leonard. Here's how New Balance became a must-have for sneakerheads and dads alike.

Correction (May 25, 2023): At 1:22 we misspelled and the correct name is Richie Roxas.
Correction (May 26, 2023): At 2:47 we misspelled and the correct name is Tom Nikic.

Producer: Lauren Shamo
Senior Managing Producer: Eric M. Clark
Supervising Producer: Jessica Leibowitz
Editor: Marisa Forziati
Animator: Gene Kim
Reporter: Nicolas Vega
Narrator: Nicolas Vega
Additional Footage: Getty Images, Olivia Southwell, Alyson B, The McFarlands, NBCUniversal

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How "Dad Shoes" Turned New Balance Into A $5 Billion Brand