Ikea responds to Balenciaga's ₹1 lakh lookalike bag

Furniture retailer company Ikea has responded to French luxury fashion house Balenciaga's shopper tote bag costing ₹1 lakh, which is allegedly a 'copy' of Ikea's plastic bags which come for ₹64. Ikea has released an advertisement explaining to customers how to identify the original bag. While Ikea's bag is made of recyclable plastic, Balenciaga's bag is made of lambskin leather.