Last fall, luxury brand Balenciaga came out with their red, square-toed leather mules retailing for $545. Their soles, easily the kicks’ wildest design feature, are like rubber layer cakes that create a platform at the heel that’s a good two inches tall, and extends at least and inch away from the pull tab you’d use to actually pull yourself into these mountain-like louis vuitton shoes for women.
But Tourniaire-Beauciel says that the luxury sneaker market is in danger of losing steam because while the design of European-made styles evolves with changing trends, the technology of its materials and production isn’t keeping up in Italy and Portugal.
Demna Gvasalia has transformed Balenciaga from the military-meets-athleisure vibe it became known for under Alexander Wang (and as a purveyor of inoffensive menswear staples for stringbean-built guys before that) to one fashion label that’s elevated normcore—and every “-core” that’s come after it to luxury levels.
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Like Gvasalia’s own brand Vetements, Balenciaga now traffics in the pieces that look like classic staples of men’s closets—jeans, hoodies, jean jackets, suits, and baseball caps—with a subversive twist in their off-kilter silhouettes and bold branding.

