First mentioned: 5/23/2022
Last mentioned: 5/23/2022
Total mentions: 1
Most mentions: 2022
Balenciaga, established in 1919 by the Spanish couturier Cristóbal Balenciaga in San Sebastian, Spain, is a luxury fashion house now headquartered in Paris. The brand specializes in ready-to-wear apparel, footwear, handbags, and accessories. Additionally, Balenciaga has entered into licensing agreements with Coty for fragrances, while ownership of the fashion house resides with the French corporation Kering.
Balenciaga on Bitcoin
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Member of the Kering Luxury Group Balenciaga announced it would start accepting Bitcoin payments in multiple U.S. flagship stores and on their online site in May 2022. According to reports, the company have not decided what payment gateway provider it will partner with, however a spokesperson for Balenciaga said that 'Balenciaga is thinking long-term about crypto, and fluctuations in currency value are nothing new.'