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1 day agoNew Balance Turned 'Dad Shoes' Into $9.2 Billion in Sales, Outpacing Nike. Here's What's Behind Their Epic Run.
New Balance has turned its "dad shoe" image into a driver of growth. According to a recent CNBC report, New Balance sales were up 19% to $9.2 billion in 2025. The sneaker giant grabbed market share from rivals like Nike, per the report. New Balance told CNBC that it could reach its target of $10 billion in annual revenue by the end of 2026.
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