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. Features include a Suede Upper, Embroidered Logo, EVA and ABZORB Midsole, and a 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.