Balenciaga-Balenciaga is a European fashion brand founded by Cristóbal Balenciaga, an artist from the Basque Country of Spain. Owned by Gucci, a subsidiary of the French Kering group. Known for its exacting standards, Balenciaga was dubbed "the master of us all" by Christian Dior. His bubble skirts and eccentric, feminine "modernist silhouettes" became a hallmark of the label.