With the foldable Lucky Pleats Knit knitted bag, form and function go together in an exemplary way. Its special design makes it possible to significantly reduce the volume of the bag. In just a few easy steps, it can be folded into a small package that fits comfortably into any other bag as a “bag in bag”. The materials and manufacturing techniques ensure the desired mix of strength and elasticity, so that the bag always retains its characteristic shape.