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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

3

Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place
Retailnew balance

People Are Burning Their Sneakers After New Balance Showed Support for Trump

By
Cady Lang
Cady Lang
,
TIME
TIME
, and
Michelle Toh
Michelle Toh
Down Arrow Button Icon
By
Cady Lang
Cady Lang
,
TIME
TIME
, and
Michelle Toh
Michelle Toh
Down Arrow Button Icon
November 11, 2016, 5:39 AM ET
Street Style in Malaga
MALAGA, SPAIN - APRIL 25: Lot (L) wears El Ganso trainers, H&M trousers and Springfield shirt and Marisa (R) wears New Balance trainers, Zara sweater and trousers, Bimba y Lola handbag and Ray-ban glases during the 18th Malaga Spanish Film Festival on April 25, 2015 in Malaga, Spain. (Photo by Juan Naharro Gimenez/Getty Images)Juan Naharro Gimenez Getty Images
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Less than 48 hours after Donald Trump was declared President-Elect of the United States, normcore staple brand New Balance has already thrown its support behind one of his trade policies.

The brand has long advocated and capitalized on its sneakers being primarily made in America and they drove this point home with a statement about the Trans-Pacific Partnership (a trade deal that includes lifting tariffs imposed on shoes imported from Vietnam to the U.S.)

The Wall Street Journal’s Sara Germano tweeted out the following from New Balance’s VP of public affairs in regards to the TPP: “The Obama admin turned a deaf ear to us & frankly w/ Pres-Elect Trump we feel things are going to move in the right direction.”

https://twitter.com/germanotes/status/796479327911247876

Sneakerheads and fans of the brand, however, had a myriad of reactions to this statement, with many viewing this as an endorsement of Trump. In protest, people shared videos of themselves burning their shoes to express how they now feel about New Balance based on this statement.

https://twitter.com/jonnnysan/status/796509907725885440

pic.twitter.com/r3j6sXsdAP

— VAP (@tbrooks__) November 10, 2016

pic.twitter.com/DAtVuN5Qnp

— austin (@uglytrashboy) November 10, 2016

https://twitter.com/stretchd/status/796519801791324160

For more on New Balance, watch Fortune’s video:

New Balance later tweeted a statement that appears to address the backlash indirectly.

pic.twitter.com/biUiwFkNzS

— New Balance (@newbalance) November 10, 2016

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