The £1,700 designer bag that looks just like the 40p big blue bag from Ikea

There’s a reason why this £1,700 bag by Balenciaga looks familiar.

It looks exactly like those big blue bags you pick up from Ikea – for 0.02% of the price.

The French luxury fashion house’s “arena extra large shopper tote” is made of “blue wrinkled, glazed” leather. Fortunately for bargain hunters, the Ikea version is blue, wrinkled and glazed as well.

£1,700.

40p.

The guy who designed it, Demna Gvasalia, has got form in this area. Remember the £185 “DHL T-shirts” from last year? He did those as well.

Ikea said it “deeply flattered” by the comparison.

But which one holds the most meatballs?