Would you wear a designer tattered shirt? The only person I could think of who would wear this is Miley Cyrus. She's often seen with tattered jeans and shirts and this shirt is actually conservative than what she usually wears.
Even if this shirt is by Balmain, I don't think any sane person would stash that much for a shirt that's been ripped by angry sewers. I actually believe that this shirt is made from overrun fabrics and they thought people would still buy it because it is from Balmain. And when they learned that no one is buying, they lowered the price to $346.25. Originally, this shirt costs $1,385 at The Outnet. Hell no!
I'd rather buy a really nice pair of shoes.