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Balenciaga was born in the Basque town Getaria , Spain on 21 January 1895. [1] His father, José Balenciaga Basurto, was a fisherman who died when Cristóbal was a boy, and his mother, Martina Eizaguirre Embil, a seamstress. As a child Balenciaga often spent time with his mother as she worked. [1]
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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