Stepping on the scene in 1989, the 550 made a name for itself on the basketball courts before retiring to the New Balance archives, until 2020 when it was reintroduced as a limited-edition. Now it's back and secured as a streetwear staple. The bulky upper is dressed in an off-white leather with perforations across the sidewalls, while red 'N' branding gets treated to a distressed finish look. Underfoot, an aged effect is bestowed upon the sole unit, making this pair look like they've come straight from the '80s. | BB550VGA. Re-introducing a basketball legend. The return of the 550 pays tribute to the 1989 original that defined a hoops generation. Originally worn by pro ballers in the ’80s and ’90s, the new 550 is simple, clean and true to its legacy.