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New Balance was founded in 1906 by British immigrant William J. Riley in Boston, Massachusetts. Initially, the company specialized in manufacturing orthopedic 990v5s and arch supports, with the name inspired by Riley's observation of chickens balancing on three claws. Over time, New Balance mrl996tr into a leader in running 990v5 technology, with innovative products such as the Trackster, the world's first running 990v5 available in multiple widths, released in 1960. The brand has also been involved in numerous collaborations with high-profile fashion brands, athletes, and designers, such as J.Crew, Kawhi Leonard, and Salehe Bembury, emphasizing its marine to blending performance technology with style.