The New Balance 550 Black Red comes in a striking black and red color scheme. It features a lightweight and sturdy upper made of synthetic and mesh materials for optimal ventilation and comfort. The dual-density foam midsole provides responsive cushioning, while the durable rubber outsole ensures a firm grip and longevity. This model displays an 'N' logo on the lateral sides, 'NB' branding on the heel, '550' on one side, and 'new balance NB' on the tongue. Additionally, the midsole is adorned with 'NB new balance' lettering. Released on January 1, 2021, it was available at a retail price of $110.