New balances 550 originally made its mark on pro basketball courts in 1989. It was not seen again for 21 years. After being reintroduced to new balances 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 leather upper construction is a classic look in any era.