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Published 21:48 28 Dec 2017 GMT
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A description from the designer website reads: "Balenciaga embraces undone, exaggerated proportions and makes them wearable for every day.
"Spotted on the runway tucked into the label's floral skirt, this oversized ribbed sweater has been knitted in Italy from chunky wool and draped at the sides with long ties that look as though they have unraveled from the hem."
We say - no jumper is worth that sorta cash. An alternative? This offering from Zara:
The piece is in Zara's coveted 'trending now' section on the website (we're obsessed with that tab) and has recently been reduced from €40 to €30 (thank you, sales!).
The super-snug jumper has previously cropped up on a load of influential, fashion blogger Insta pages.
Among them is Joanne Hegarty - the London-based Cork fashionista who back in October shared a snap of her wearing it.
"Have been hunting down this Zara red cable knit for ages - and it’s finally back in stock," she stated in the accompanying caption.
And if you don't fancy the style of this particular piece, the retailer is also flogging a longer version for €50.
That's also been marked down by Zara: from €50 to just €30.
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