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Balenciaga (/ b ə ˌ l ɛ n s i ˈ ɑː ɡ ə / bə-LEN-see-AH-gə, [1] Spanish: [balenˈθjaɣa], Basque: [balents̻i.aɣa]) is a French luxury fashion house headquartered in Paris.It designs, manufactures and markets ready-to-wear footwear, handbags, and accessories, and licenses its name and branding to Coty for fragrances. [2]
Cristóbal Balenciaga Eizaguirre (Spanish: [kɾisˈtoβal βalenˈθjaɣa ejθaˈɣire]; Basque: Cristobal Balentziaga Eizagirre [kɾis̺toβal βalents̻i.aɣa eis̻aɣire]; 21 January 1895 – 23 March 1972) was a Spanish fashion designer, and the founder of the Balenciaga clothing brand.
The traditional Balenciaga house was turned into a disruptive fashion house [33] and Yves Saint Laurent hit the 2-billion dollar sales mark in 2019. [34] However, from 2015 to 2022, the group's revenue was essentially driven by Gucci's year-on-year high performance, hitting the 10-billion dollars sales mark in 2022. [ 35 ]
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