Balenciaga was founded in 1914 by Cristóbal Balenciaga, a Spanish designer, born in the Basque Country, Spain (Source). Since then Balenciaga became one of the fastest growing brands worldwide. The upscale brand is now owned by Gucci. Images of Balenciaga’s Green Arena sneakers recently leaked on the Interweb. The sneakers are priced at $545. This lace-up sneaker features a lambskin distressed leather, foam lining, and a rubber outsole.
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