Originally designed as a performance basketball shoe, the New Balance 550 updates the OG model with an airy colorway of white, NB Navy, and Winter Fog. It features a cleaner design compared to the OG sneaker, with ENCAP cushioning for enhanced comfort and a rubber outsole offering grippy traction. The color blocking on the outsole in light green and Winter Fog complements the upper's neutral tones. The upper is constructed from leather and soft synthetic suede, with layered overlays and double lines of reinforced stitching. Key heritage branding details include the signature New Balance "N" on the side panel, "550" on the overlays, and a large New Balance logo tag on the tongue. This sneaker was released on September 2, 2023, and originally sold for $110.