The designer handbag you probably own without realising it

Look familiar?

Look familiar?

Balenciaga has launched its latest tote, and if you feel like you’ve seen it before, that’s because you probably own it already. Sort of.

The Arena extra large shopper tote bag, with its large handles and bright blue hue, bares more than a littler resemblance to the Ikea Frakta hold-all we all own.

But while the Swedish giant’s carrier is made of plastic and costs just 40p, the Balenciaga version is a little more premium, made of fine leather from Italy.

It will also set you back a bit more, with a price tag of about £1,672 at Barneys New York.

The Balenciaga tote

We’ve got to hand it to the French luxury fashion house, while it’s usually the high street taking inspiration from the catwalk, they’ve managed to turn the whole thing round by taking inspiration from every day items.

Ikea meanwhile, adopts the imitation is the sincerest form of flattery school of thought. Its sales leader Stella Monteiro told Today, ‘We are extremely flattered to seemingly be an inspiration for the latest catwalk designs for Balenciaga.

The Ikea carrier bag

‘Our Ikea Frakta tote is one of our most iconic products which are already owned and loved by millions - now many people truly can get the designer look for less.’

But while the Ikea tote is very handy for carrying around that flat packed side table, there’s no denying that the Balenciaga Arena is one stylish, which seems just the perfect size for a weekend getaway.

Penny Goldstone

Penny Goldstone is the Digital Fashion Editor at Marie Claire, covering everything from catwalk trends to royal fashion and the latest high street and Instagram must-haves.

Penny grew up in France and studied languages and law at the Sorbonne Nouvelle University in Paris before moving to the UK for her MA in multimedia journalism at Bournemouth University. She moved to the UK permanently and has never looked back (though she does go back regularly to stock up on cheese and wine).

Although she's always loved fashion - she used to create scrapbooks of her favourite trends and looks, including Sienna Miller and Kate Moss' boho phase - her first job was at MoneySavingExpert.com, sourcing the best deals for everything from restaurants to designer sales.

However she quit after two years to follow her true passion, fashion journalism, and after many years of internships and freelance stints at magazines including Red, Cosmopolitan, Stylist and Good Housekeeping, landed her dream job as the Digital Fashion Editor at Marie Claire UK.

Her favourite part of the job is discovering new brands and meeting designers, and travelling the world to attend events and fashion shows. Seeing her first Chanel runway IRL at Paris Fashion Week was a true pinch-me moment.