Bloomberg Businessweek New Balance CEO Advocating for Domestic Manufacturing
6 snips
May 12, 2022 Joe Preston, President and CEO at New Balance, discusses the opening of a new U.S. shoe factory, the challenges of inflation in the manufacturing industry, raising wages in their factories, and New Balance's transformation into a sought-after fashion brand. They also explore growth opportunities, staying as a private company, and the benefits of manufacturing in the U.S.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 2min
The Impact of Inflation on the Manufacturing Industry
02:01 • 3min
Increasing Wages, Domestic Manufacturing, and the Transformation of Retail
05:21 • 6min
The Transformation of New Balance: From Shoes for Dads to a Cool and Sought-After Fashion Brand
11:20 • 3min
Growth Opportunities, Private Company Status, and Sponsor Ads
14:30 • 3min