Ikea 'flattered' by $2,145 blue tote that resembles its 99-cent bags

April 19 (UPI) -- A $2,145 tote bag going viral for its uncanny resemblance to the 99-cent shopping bags at Ikea has drawn the attention of the Swedish furniture retailer.

The Balenciaga Arena Extra-Large Shopping Tote, listed for $2,145 on the website of high-end store Barney's, raised eyebrows online when social media users pointed out its striking similarity in appearance to the iconic blue Frakta bags at Ikea, which sells its version of the tote for a mere 99 cents.

"We are deeply flattered that the Balenciaga tote bag resembles the Ikea iconic sustainable blue bag for 99 cents. Nothing beats the versatility of a great big blue bag!" Ikea said in a statement provided to NBC's TODAY show.

The Balenciaga bag differs from the Ikea bag in at least one significant way: It's "constructed of blue wrinkled, glazed leather."

Balenciaga, which has not commented on the similarity between the bags, also sells the Arena Extra-Large Shopping Tote in yellow -- the original color of Ikea's Frakta bags.