Welcome to the world of fashion, where iconic brands come and go but there are some that remain timeless. One such brand is Balenciaga, the Spanish fashion house founded in 1919 by Cristobal Balenciaga. Balenciaga is renowned for its avant-garde designs and high-end luxury items. But, is Balenciaga owned by Adidas? That’s the question we’ll explore in this article. With a look at the history of the two brands and a discussion of their current relationship, we’ll uncover the truth about Balenciaga and Adidas. So, let’s get started!
Is Balenciaga Owned by Adidas?
What is Balenciaga?
Balenciaga is a high-end fashion house founded by Spanish designer Cristóbal Balenciaga in 1919. The brand is based in Paris, and it is renowned for its avant-garde designs and luxurious materials. Balenciaga has been popularized by celebrities and is a favorite in the fashion world.
History of Balenciaga
In the late 1950s, Balenciaga was at the forefront of fashion and had a successful run for many years. However, the brand declined in the 1970s and it closed its doors in 1968. After the death of its founder, the brand was relaunched in 1986 and it has since become a leading name in fashion.
Who Owns Balenciaga?
Balenciaga is owned by the French luxury group Kering, which is controlled by the French billionaire François Pinault. Kering owns a number of luxury brands, including Gucci, Saint Laurent, and Alexander McQueen.
Adidas and Balenciaga
Adidas and Balenciaga are two distinct brands. Adidas is a German sportswear company and Balenciaga is a luxury fashion house. While the two companies have never had any formal partnership, Balenciaga has collaborated with Adidas on several projects.
Collaborations between Adidas and Balenciaga
The two brands have collaborated on a number of projects in the past. In 2017, they released a limited-edition sports shoe, the Balenciaga Speed Trainer. The shoes were a hit and sold out quickly. In 2019, the two brands released another limited-edition shoe, the Balenciaga Triple S. The shoes were a hit and sold out quickly.
Adidas and Balenciaga’s Future Collaborations
Adidas and Balenciaga have not announced any future collaborations. However, there is speculation that they could team up again to release more limited-edition shoes. With the success of their past collaborations, it would not be surprising to see them work together again in the future.
Frequently Asked Questions
1. Is Balenciaga Owned by Adidas?
No, Balenciaga is not owned by Adidas. Balenciaga is a French luxury fashion house that was founded in Spain in 1919 by Cristóbal Balenciaga. In 2001, the company was acquired by the Gucci Group, which is a part of Kering, a luxury conglomerate. Kering also owns Yves Saint Laurent, Alexander McQueen, Gucci and other luxury brands.
2. Who Owns Balenciaga?
Kering currently owns Balenciaga. Kering is a French luxury conglomerates that owns a portfolio of luxury fashion brands, such as Yves Saint Laurent, Gucci, Alexander McQueen and Bottega Veneta. It was previously owned by the Gucci Group, which was acquired by Kering in 2001.
3. Who Founded Balenciaga?
Balenciaga was founded in Spain in 1919 by Cristóbal Balenciaga. He was a Spanish designer who became known as the “Master of Haute Couture.” He was a renowned designer who created many iconic designs, such as the balloon coat, baby doll dress and the sack dress.
4. Where is Balenciaga Headquartered?
Balenciaga is headquartered in Paris, France. The company has a presence in over 30 countries worldwide, with stores in major cities such as London, New York, Tokyo, Hong Kong, and Shanghai.
5. What Products Does Balenciaga Offer?
Balenciaga offers a wide range of products, including ready-to-wear fashion, handbags, shoes, accessories, fragrances and eyewear. It is known for its unique and innovative designs, which have become iconic in the fashion world.
6. What is the Price Range of Balenciaga Products?
Balenciaga’s products range in price depending on the type of product. Ready-to-wear items such as dresses, jackets, and coats range from $400 to $3,000. Handbags range from $1,000 to $2,500. Shoes range from $400 to $1,400, and accessories range from $50 to $600.
Balenciaga x Adidas is Trash
In conclusion, the answer to the question of whether Balenciaga is owned by Adidas is a resounding no. Balenciaga is a privately-owned French luxury fashion house, founded by Cristóbal Balenciaga in 1918 and currently owned by the French multinational company Kering. Though Adidas and Balenciaga have partnered in the past, the two companies still remain completely independent.
