Despite leadership's political leanings, New Balance maintains standard corporate DEI (Diversity, Equity, and Inclusion) and sustainability programs, which are often criticized by the MAGA movement.
Notes: The company publishes annual sustainability and impact reports.
Agent rationale
This provides necessary context that the company still operates within mainstream corporate norms that are sometimes at odds with MAGA cultural rhetoric, suggesting a pragmatic or bifurcated alignment.
Chairman Jim Davis provided financial support to JD Vance during his 2022 Senate campaign, a candidate heavily endorsed by Donald Trump and a key figure in the MAGA movement.
Notes: Vance is now the Vice President-elect under the Trump 2024 ticket.
Agent rationale
Supporting 'Next Gen' MAGA candidates like Vance indicates a continued commitment to the movement's political infrastructure beyond Trump himself.
Records show consistent high-dollar contributions from New Balance executives to the RNC during the years it was under the leadership of Trump-aligned officials.
Notes: Jim Davis and other family members are frequent donors to the RNC.
Agent rationale
Sustained funding of the RNC during the Trump era reinforces the institutional support for the party's MAGA-aligned direction.
In the 2020 cycle, New Balance Chairman Jim Davis donated $2 million to America First Action, the primary super PAC dedicated to re-electing Donald Trump.
Notes: This was one of the largest individual contributions to the pro-Trump super PAC that year.
Agent rationale
A multi-million dollar donation to the official MAGA super PAC by the company's controlling owner is a definitive signal of high-level alignment.
New Balance lobbied the Trump administration and Congress to strictly enforce the Berry Amendment, which requires the Department of Defense to buy American-made footwear, a policy championed by Trump's 'Buy American' executive orders.
Notes: The company successfully pushed for the inclusion of these provisions in the NDAA.
Agent rationale
The company's business model and lobbying efforts were uniquely positioned to benefit from and support the Trump administration's specific brand of economic nationalism.
After a neo-Nazi website declared New Balance the 'Official Shoes of White People,' the company issued a statement: 'New Balance does not tolerate bigotry or hate in any form... we are a values-driven organization and culture.'
Notes: The company sought to distance itself from extremist groups while not retracting its trade-based support for Trump.
Agent rationale
This represents a neutral/corrective action where the company attempted to maintain its policy alignment with Trump while rejecting the 'alt-right' associations that followed.
Chairman Jim Davis has been a long-term advocate for domestic manufacturing protectionism, a stance that found its most prominent political expression in the MAGA movement's trade policies.
Notes: Davis has owned the company since 1972 and dictates its political and strategic posture.
Agent rationale
The alignment is not just opportunistic but ideological, as Davis's career-long focus on 'Made in USA' manufacturing perfectly mirrored the 2016 Trump campaign's core message.
Immediately following the 2016 election, New Balance's VP of Public Affairs, Matt LeBretton, stated: 'The Obama admin turned a deaf ear to us and frankly with President-Elect Trump we feel things are going to move in the right direction.'
Notes: The statement was primarily focused on opposition to the Trans-Pacific Partnership (TPP).
Agent rationale
This was a direct, high-profile statement from a company executive praising the incoming Trump administration's direction, specifically on trade, which was a cornerstone of the MAGA platform.
New Balance Chairman Jim Davis donated $396,500 to the Trump Victory Committee in 2016, making him one of the major individual donors to the campaign.
Notes: Donations were made to the joint fundraising committee supporting Trump and the RNC.
Agent rationale
Financial support from the owner/chairman is a primary indicator of institutional alignment, especially given the scale of the contribution to the MAGA-led ticket.
New Balance was the only major athletic shoe company to publicly oppose the Trans-Pacific Partnership (TPP), aligning directly with Donald Trump's central trade policy and 'America First' manufacturing stance.
Notes: The company argued TPP would hurt its domestic manufacturing in Maine and Massachusetts.
Agent rationale
Trade protectionism and the return of domestic manufacturing are core MAGA pillars. New Balance's vocal opposition to TPP put them in direct alignment with Trump's platform against the GOP establishment and the Obama administration.
Sources
- NPR (Apr 12, 2016)