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- New Balance’s 550 originally made its mark on pro basketball courts in 1989. It was not seen again for 21 years. After being reintroduced to New Balance’s full-time lineup, the 550 quickly established itself as a global fashion fixture. A low top, streamlined silhouette offers a clean take on the heavy-duty designs of the late ‘80s, while the dependable synthetic suede upper construction is a classic look in any era.