From almost bankrupt to a leader in the specialty running shoe market—that's the story of Brooks.
Backed by Warren Buffett's Berkshire Hathaway, the Seattle-based company has a 29 percent share in the specialty running shoe market, INC. reported.
"Warren loves these sneakers. He loves them most when we sell a lot of them," Jim Weber, CEO of Brooks, told "Closing Bell" on Monday. "He's excited to have his image on the shoe."