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New Balance Athletics, Inc. (NB), doing business as New Balance, is one of the world's major sports footwear and apparel manufacturers. Based in Boston, Massachusetts , the multinational corporation was founded in 1906 as the New Balance Arch Support Company .
In 2017, New Balance re-released the "All American" model, featuring Fresh Foam used in New Balance's active line of shoes. On June 27, 2022, PF Flyers released a limited edition "Bob Cousy Hi Top" to celebrate the 2022 season of the Boston Celtics.
The term "sneakers" is most commonly used in Northeastern United States, Central and South Florida, [4] [5] Australia, [6] New Zealand, and parts of Canada. However, in Australian, Canadian, and Scottish English, running shoes and runners are synonymous terms used to refer to sneakers, with the latter term also used in Hiberno-English.
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In 1963, the F. W. Woolworth Company purchased the Kinney Shoe Corporation and operated it as a subsidiary. In the 1960s, Kinney branched into specialty shoe stores, including Stylco in 1967, Susie Casuals in 1968, and Foot Locker on September 12, 1974. The first Foot Locker opened in the Puente Hills Mall in City of Industry, California. [5]
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