New Balance 8040 Sneakers Phantom / Magnet. The 8040 combines a traditional Y2K trail upper with our iconic 9060 outsole. The model embraces comfort, old and new, to create the perfect mix of soft and practical style. Suede Upper. Embroidered Logo. EVA and ABZORB Midsole. Rubber Outsole. Style Code: U8040UOB. New Balance’s Tier 1 Sneakers combine contemporary style and comfort. The suede upper ensures breathability and durability. The front Velcro closure ensures a stable fit, while the elongated toe gives a dynamic look. The raised, reinforced rubber outsole provides cushioning and support. The iconic contrasting monogram on the side panels and the branded front tab complete the design with a distinctive touch.