• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
RetailIKEA

Ikea Responds to Balenciaga’s $2,145 Version of Its 99 Cent Bag

Alana Abramson
By
Alana Abramson
Alana Abramson
Alana Abramson
By
Alana Abramson
Alana Abramson
April 25, 2017, 6:53 PM ET

Two very different brands, Balenciaga and Ikea, both found themselves in headlines and internet memes after people discovered that the style giant’s new $2, 145 handbag looked awfully similar to the furniture company’s 99 cent tote bag.

The Swedish company finally has a response: helping consumers differentiate a “real” Ikea bag from the Balenciaga one.

A new post gives consumers four hints their shopping bag, the Frakta, is not Balencia: 1) Shake it – “if it rustles it’s the real deal. 2) the bag is Multifunctuon – “it can carry hockey gear, brikes and even water, 3) Throw it in the dirt – “a true FRAKTA is simply rinsed off with a garden hose when dirty, and 4) price tag – “only $0.99”

Nothing beats the versatility of a big blue bag! Get the designer look for less with the #IKEA FRAKTA shopping bag. https://t.co/4QezcAv5qMhttps://t.co/S67uUBmg9Z

— IKEA USA (@IKEAUSA) April 20, 2017

According to Creativity, the post was created by the Swedish agency ACNE, and is being put on social channels and retail sites globally.

About the Author
Alana Abramson
By Alana Abramson
See full bioRight Arrow Button Icon
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.