Last week, luxury fashion brand Balenciaga unveiled a new bag – Balenciaga Arena Extra-Large Shopper Tote Bag priced at $2,150 , that bears a striking resemblance to IKEA’s iconic Frakta bag. Ikea seeing the humour of the situation responded in their own way, with an advert on how to identify an original from the ‘copy’. [Read more…] about Ikea Responds To Balenciaga’s Take On Blue Tote