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Balenciaga pour celles qui débutent

Jean-Claude Beaumont··7 min

The Le Cagole bag sits on the shelf at the Rue Saint-Honoré boutique, studded and slouched, looking vaguely like something you'd find in a Parisian flea market if flea markets stocked things made in Italy for two thousand euros. The sales associate doesn't push. She knows the bag will either speak to you or it won't. That's Balenciaga in 2025: a house that has spent the past decade teaching its客户 — pardon, its clientele — that provocation and craft can coexist, that a logo can be ironic and still move units, that you can buy into a legacy without pretending the world hasn't changed since 1937.

For those approaching Balenciaga now, the question isn't whether the house matters. It does. The question is where to begin.

Cristóbal and the shape of things

Cristóbal Balenciaga opened his Paris atelier in 1937, having already run three successful salons in Spain. He was forty-two. He cut fabric the way a sculptor removes marble — by taking away everything that wasn't essential. His sleeves set forward of the shoulder seam. His waistlines floated two inches higher than anatomy suggested. He built dresses that stood away from the body, creating volume through construction rather than padding, and when he showed a tunic dress in 1955 or a sack dress in 1957, the industry didn't applaud so much as recalibrate.

Hubert de Givenchy called him "the master of us all." Cristóbal closed his house in 1968, the year prêt-à-porter overtook couture, and died four years later. The house reopened under new ownership in 1986. What followed was a sequence of designers — Michel Goma, Josephus Thimister, Nicolas Ghesquière — each tasked with interpreting a legacy built on volume, structure, and a kind of monastic rigour.

Ghesquière's tenure, 1997 to 2012, is the one most people cite when they want to argue that Balenciaga has always been forward-facing. He took the founder's architectural instinct and ran it through a sci-fi filter: skinny pants, boxy jackets, that Lariat bag with its braided handles and slouch. The clothes looked like the future, or at least like a version of the future designed by someone who'd spent time in Tokyo and had opinions about Blade Runner. He left in 2012. Alexander Wang arrived, stayed three years, leaned into sportswear and night-time silhouettes, then departed. Demna Gvasalia took over in 2015 and has been there since, going by his first name only as of 2021.

Demna's Balenciaga: irony, volume, and the Triple S

Demna's first collection for Balenciaga, shown in October 2016, featured oversized coats, exaggerated shoulders, and silhouettes that seemed to reference both Cristóbal's volume and the Eastern European street style Demna grew up around. The show notes were spare. The clothes were not. Within two seasons, the house had produced the Triple S sneaker — a chunky, multi-layered sole design that looked like three different running shoes fused in a lab accident and retailed for $850. It sold out.

That sneaker, more than any single garment, clarified Demna's method. He takes an idea — in this case, the ugly-chic dad shoe — and pushes it past irony into something that functions as both comment and commodity. The Triple S now has imitators across the market. Balenciaga has moved on to other shapes: the Defender, the Runner, the Track. All of them cost more than you'd expect and all of them sell.

The bags followed a similar logic. The City bag, a Ghesquière-era holdover, was sleek and moto-inspired. Demna kept it in the lineup but introduced the Le Cagole — essentially the City bag with studs, fringe, and a mirror — and the Hourglass, a structured top-handle that referenced midcentury silhouettes but in leather so supple it contradicted its own geometry. Prices start at €1,950 for a small Hourglass, €1,750 for a Le Cagole. The City, still in production, runs about €1,650 depending on size.

Then there are the Crush bags: soft, gathered leather in bright colours, designed to look like they've been squeezed in a fist. A small Crush chain bag sits around €1,350. A medium goes for €1,950. They photograph well. They also happen to be genuinely comfortable to carry, which isn't always a given when a bag is designed to make a point.

What to buy, and what it costs

If you're entering Balenciaga now, the bags are the clearest point of entry. Not because they're affordable — they're not — but because they carry the house codes without requiring you to commit to a full look. The Hourglass in black or navy reads as structured and serious. The Crush in lime or fuchsia reads as playful. The Le Cagole reads as someone who either lived through the early 2000s or finds the early 2000s amusing. All three are well-made. All three will last.

Sneakers remain central. The Triple S has been joined by the Defender, a hiking-boot-meets-sneaker hybrid that retails around €1,150, and the Runner, a sleeker silhouette at roughly €750. The Track, with its multi-panel construction and exaggerated sole, sits at €975. These aren't quiet shoes. They're also not trying to be.

Ready-to-wear is where the house's instinct for volume and proportion plays out most clearly, and where the price-to-wearability ratio gets more complicated. A logo hoodie runs about €750. An oversized coat can push past €3,000. A draped jersey dress might land at €1,400. The question is whether you want to dress in Balenciaga or dress with Balenciaga. The former requires committing to a silhouette that doesn't always play nicely with other pieces in your wardrobe. The latter means buying selectively: a coat, a bag, a pair of shoes, and building around them.

Accessories offer a middle path. A logo baseball cap is €350. A leather cardholder is €295. A pair of shield sunglasses, the kind that wrap around your face like you're about to operate a drone, runs €430. Small gestures, high impact.

The complications, and why they matter

Balenciaga's last few years haven't been without turbulence. A 2022 campaign featuring children holding bags styled to resemble teddy bears in bondage gear sparked immediate backlash. Another image in the same campaign included a document referencing a U.S. Supreme Court case on child pornography. The house pulled both campaigns, apologised, and parted ways with several collaborators. Demna issued a statement. Kering, the parent company, launched an internal review.

The incident didn't destroy the brand — sales dipped but recovered — but it clarified something about how Balenciaga operates. The house has always courted provocation. Demna's Balenciaga, in particular, has made a practice of testing boundaries: showing models in what looked like caution tape, staging a show in a mud pit, sending out bags shaped like IKEA totes or trash bags and pricing them at €1,800. The 2022 campaign crossed a line that even the house's most committed customers couldn't rationalise. What followed was a recalibration, not a reinvention. The clothes didn't change. The tone did.

If you're buying Balenciaga now, you're buying into a house that knows it miscalculated and has spent the time since trying to re-establish trust without abandoning its instinct for disruption. Whether that's a reason to buy or a reason to wait is a question each client answers for themselves.

Where the house stands

Balenciaga's Paris flagship on Rue Saint-Honoré reopened in 2023 after a renovation. The space is vast and grey, with clothing displayed on metal racks that look like they belong in a warehouse. There are no plush chairs, no champagne on offer. The aesthetic is closer to a high-end storage facility than a traditional maison, and that's the point. Demna wants you to focus on the product, not the theatre around it.

The product, for its part, continues to sell. Kering's most recent earnings report showed Balenciaga's revenue growing, though not at the pace of Gucci or Bottega Veneta. The house is profitable, relevant, and still capable of generating conversation — which, in 2025, is its own form of currency.

For someone approaching the house now, the advice is the same as it would be for any maison with a strong point of view: buy what you'll actually wear, not what you think you should own. A Le Cagole bag is a commitment. So is a pair of Defender sneakers. But if the piece speaks to you — if it makes sense in your wardrobe and your life — then the provocation becomes beside the point. What remains is a bag that holds your things, a shoe that supports your foot, a coat that keeps you warm. Balenciaga has always understood that the best fashion is the kind that works even when you stop thinking about what it means.

The sales associate at Rue Saint-Honoré will let you hold the Le Cagole as long as you like. She won't rush you. The bag will either feel right in your hands or it won't. That's the test Cristóbal would have recognised, even if the studs and the price tag might have surprised him.