Jul 12, 2024, 3:29 PM
Jul 12, 2024, 3:29 PM

Balenciaga Launches Controversial "Raver Used Bracelet" Amid Price Criticism

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Highlights
  • Balenciaga has launched a 'raver bracelet' designed to look like a worn festival friendship bracelet, priced at $4,000.
  • The pricing has led to significant backlash on social media, with many users expressing disbelief and criticism.
  • This release continues Balenciaga's trend of high-fashion items that attract controversy and discussion about consumerism.
Story

Luxury fashion brand Balenciaga has unveiled its latest accessory, the "Raver Used Bracelet," priced at nearly $4,000. This piece is marketed as a "distressed version," requiring artistic skills to achieve its worn and aged appearance. Crafted from polyester and cotton with metallized details and sterling silver, the bracelet features intricate hand-embroidery techniques from the Lesage archives, dating back to 1850. The unique craftsmanship includes various stitches that create a diverse range of textures, making each bracelet one-of-a-kind. The bracelet is part of Balenciaga's 53rd Couture Collection and is exclusively available for purchase by appointment. However, the high price tag has sparked significant backlash on social media, with many users expressing disbelief and ridicule. Comments on X (formerly Twitter) have included remarks about the absurdity of spending such a sum on a festival wristband, with one user stating, "If you buy the Balenciaga no access 3K festival wristband you’re unbelievably cooked." Despite the criticism, some consumers have shown interest in the bracelet, with a few expressing a desire to own the piece. One Instagram user remarked, "wait, I need this," while another called it "always and forever iconic." This reaction follows Balenciaga's previous controversial release of a $925 towel skirt, indicating a trend of high-priced, unconventional fashion items from the brand. FOX Business has reached out to Balenciaga for further comment on the bracelet's reception.

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