Navy blue, red, gray and brown. Balenciaga is a French luxury brand owned by Gucci and a subsidiary of kering. Balenciaga's Taiping Pigeon Sweater Pigeon has navy blue, red, gray and brown. Balenciaga is famous for its strict standards and is called "the master of all of us" by christian dior. Bubble skirts and eccentric and feminine "modernist contours" have become a major feature of the brand.