First, I did not receive the shoes I ordered (ordered gray, received red). I paid less than $20 for them and the red didn't bother me so it was fine. Second, there was no Velcro, just elastic artificial laces. Again, no big deal. This shoe definitely doesn't feel as durable or premium as other New Balance styles I've bought for a 2 year old. I'm not sure they would look good in a two year old's casual wear but he only wears them a few days a month when he's visiting another part of the family so they're great for us.
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