Last week, high-end designer Balenciaga raised eyebrows when it released a £1,670 version of Ikea’s humble Frakta bag, which usually retails at 40p a pop. The French fashion house’s Arena ...

Ikea bags aren't just big and functional. They've also got the potential to inspire high fashion. At least, that's the case for Balenciaga designer Demna Gvasalia, who designed a $2,145 blue tote ...