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Does the New Balance logo have only one N with a circle of stars around it?

no. New balance doesn't have a logo like this.

the p>logo has only one n, and the one with a circle of stars around it is the new balance, not the new balance. These are two things. The symbol of New Balance Leading Running Shoes is a product of Guangzhou New Balance Leading Footwear Co., Ltd. The logo of New Balance Leading is a five-pointed star with a circle of steel seal around the N word, and the English printed on the shoes is newbailunlp.

Extended information:

Notes:

1. Different names

The trademarks of New Balance will all be written with the words "New Balance Leading" and "New Balance", while the trademarks of New Balance are "New Balance"

2. The logo are different