William J. Riley

New Balance

New Balance is a footwear company whose origin lies in biomechanical correction—not sport. Its founding premise was specific, functional, and local. Its later expansion into performance and lifestyle markets introduced contradictions it failed to reconcile—most visibly in its 2012 toning-shoe settlement. It matters now because it shows how medical authority gets repackaged as consumer identity—and how easily that packaging outlives its justification.