Balenciaga handbags are known for being one of the sexiest designer handbags straight out of Europe. Every woman is sexy in her own way, and a Balenciaga handbag is designed to complement and enhance that sexiness. Now that sounds like a handbag worth spending your money on!Balenciaga designer handbags were created in 1919 by Cristobal Balenciaga. His eye for designing high quality, stylish handbags is apparent in the success of his company. He opened designer salons in San Sebastian, Barcelona,.