Balenciaga's $2,000 Bag Looks Just Like Ikea's 99 cent Tote

posted by MJ -

(CNN) Ikea's iconic 99 cent bag has gotten a high-fashion upgrade courtesy of Balenciaga.

The couture brand has come out with a bag that looks eerily similar to everyone's favorite crinkly Ikea tote bag. They're both neon blue, have the exact same construction.

When you look at them side by side, there's only one major difference: price. Ikea's "Frakta" bag -- made of recyclable plastic -- costs 99 cents. Balenciaga's "glazed leather" and gold-stamped creation (standing in for yellow nylon straps) clocks in at $2,145.

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