As the saying goes, diamonds are a girl’s best friend but it’s safe to say shoes come a close second and a combination of both can make a girl easily fall in love.

Say hello to Eternal Borgezie Diamond Stiletto, a creation of jewelry designer Christopher Michael Shellis for British jewelry house Borgezie.

The Eternal Borgezie Diamond Stiletto which took three years to develop is hand crafted from solid gold and features 2,200 diamonds along the straps and edge of the shoe totaling 30 carats.

If you can afford it, each pair of the Eternal Borgezie Diamond Stiletto has a starting price of £100,000 along with a £1,000 a year guarantee.

John Hennessey has outdone himself again with the creation of the new super light and ultra powerful Hennessey Venom GT. Known for his impeccable work with the Dodge Viper, this space-aged toy is based originally from a Lotus Elise (the only part in relation to Lotus and this car is the body shape and odds and ends) but, the Mad scientist had inserted a LS7 engine with twin ball bearing turbochargers producing up to 1200 horsepower and 1135 lbs/ft of torque. If that doesn’t make you salivate enough, the body was replaced with lightweight carbon fiber and stylish upgrades to make the Venom GT more appealing then the original Elise thus making its curb weight a scant 2,685 pounds. Hennessey is offering two engine choices, one being the less severe supercharged LS9 version producing 725 horsepower and the Behemoth twin turbo LS7 producing close to 1200 horsepower. All cars are offered in either left or right hand drive, and each is specially designed so no two Venom GT’s are alike. Hand crafted in England, the Venom GT is limited to production to only 10 units per year and specifically tailored to each owner. Watch out Ultimate Aero, there is a new sheriff in town and it has the capability of taking the new top speed record.

Fashion is no exception when it comes to major dollar hits from large companies. Luxury brands like Burberry Group Plc and Prada SpA have cut department stores out of their retail distribution line, leaving high-end department stores such as Harrods and Saks with quite a bit of excess selling space. Rather than gambling with lesser-known replacement labels, the companies are reaching within themselves and creating their own merchandise.

Saks, being one of the innovative leaders behind the survival-mode collections, has taken high-end menswear by storm, lowering prices while retaining luxury status, boasting the Saks Inc. name. Thomas Ott, Saks senior vice president of menswear, predicts that his company will take what seemed to be a negative situation and turn it into major growth for the menswear department. Not only will they cover clothing; the team produced tie- bars, cufflinks, money clips, key chains, Italian-made shoes and in the fourth quarter, a Swiss watch collection. “We have invested in all the categories as saw white space that none of our vendor partners were addressing,” Ott confidently commented.

Following Saks, Harrods of London is also leaning on its iconic status to create their own merchandising brand as well. Menswear clothing and accessories will replace $5,000 suit brands like Brioni Roman Style SpA, confirmed Jason Broderick, general merchandise manager. Also enthusiastic about the transition into in-house design, he predicted that private-label fashion is “a growing part of our business with huge potential.”

The Fisker Karma, an ultra-sleek hybrid car, has more energy saving technology than just it’s plug-in capabilities; it also features rooftop solar panels. First of it’s kind, Karma can sit in the sun and not only display its super-sexy luxury vehicle status, but soak in the suns rays to actually re-charge the batteries! While saving the planet, the stylishness of the outside of the coup seeps in with two different interior options. “EcoChic”, which used “100 percent bamboo viscose and frames authentic fossil leaves inside the EcoGlass” and the “EcoSport” boasts top-of-the-line leather for a more sophisticated and luxurious option.

At $90,000, the eco-friendly high end vehicle goes from zero to 60 in 5.8 seconds and reaches up to 200km/h. With a fully charged battery, the driver can travel on electric power for 80 kilometers without needing a re-charge. When the battery is low, a two-litre gas engine starts up knocking the distance capacity up to 380km.

An Image from Burberry's New Ad Campaign

British luxury fashion house, Burberry, has launched a new interactive advertisement on its site, Burberry.com. The ad, which allows viewers to move the models and pan left and right, is both innovative and functional. It gives online shoppers a fresh perspective on the label’s clothing, and it takes Burberry above and beyond their competitor’s web sites.

The campaign was shot by Mario Testino, and features both a look at the A/W 2010 collection, and a close-up of the label’s new accessories. Clicking the screen will make the models move in a flip-book like way, or show off an accessory, all with a 3-D perspective.

“We wanted to capture the energy of the  shows in the campaign,” said Burberry’s Chief Creative Officer Christopher Bailey. “And I want anyone who sees the campaign not just to see images, but to feel a part of what we have created; connecting people through technology, music, the collections, the attitude, and the emotion captured.”

Luxury candle specialists Diptyque have recently launched a new fragrance, Vetyverio.

The Parisian company is famed for creating scent sensations and they’ve pulled it off again with this gorgeous and unique smelling fragrance that’s ideal for summer.

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Thanks to German Magazine ‘the Bild.de’ we finally get a preview of Mercedes SLS AMG E-Cell.

The Mercedes SLS AMG E-Cell is said to be powered by four electric motors, one for each wheel developing a total of 526 hp and 649 lb-ft of torque. Rumour has it the final production model of the E-Cell is expected to go on sale in 2013. We wait with baited breath for more information from official sources but enjoy the pictures in the mean time.

“Black Cobra,” the latest model in Urwerk’s CC1 series took three years of research and development to perfect the linearly countdown of the hours and minutes without compromising accurate timekeeping.

“Black Cobra,” uses a world first animated dial by a rotating disk displaying the seconds, both digitally and linearly.

The dials of the watch show the hours, minutes and seconds; flip the watch over and you see a more naked version of the hours and minutes laid out like two computer program progress gauges.

The new ‘Black Cobra’ is in a black PVD coated case made from black AlTiN – a complex aluminium titanium alloy, better known as Aluminium Titane Nitride. Inside the watch is an Urwerk made calibre UR-8.02 manually wound mechanical movement.

The Urwerk UR-CC1 Black Cobra watch will be limited to just 25 pieces; see http://www.urwerk.com for more information.

Technical Specifications

Model: UR-CC1

Case: available in either grey gold with titanium base plate (limited edition of 25 pieces) or black gold with titanium base plate (limited edition of 25 pieces); brushed-satin finish

Movement: calibre UR-CC1; automatic winding regulated by “fly brake turbine” pneumatic shock absorber

Indications: linear display retrograde for hours and minutes with jumping hours; second display both digital and linear

Dimensions: 45.7mm x 43.5mm x 15mm

Dial and Bridges: ARCAP P40. SuperLumiNova treatment on hours, minutes and seconds displays

Madonna sought out the help of her 13-year old daughter, Lourdes Leon, to make her next move in the world of fashion. Rather than designing for herself, she translates her style into a high-maintenance Junior’s collection appropriately named “Material Girl”. From the looks of the first sketches, Madonna and her design team are dressing 13-year-old girls who believe they have skipped youth and woken up the fully developed 21-year-old club-frequenter they see on The Hills reality show. Low-cut printed tops and skirts cut “up to there” are engineered to accentuate and give the wearer a sexy and shapely appearance. The pre-teen Material Girl shoppers are surely not going to be leaving for the first day of school looking “like a virgin.”

Retailed at $130, Sunglass Hut launches a Limited-Edition Council of Fashion Designers of America (CDFA) Vogue Eyewear line of sunglasses. New York designers Devi Kroell, Matt Murphy, and Kara Ross each designed a signature pair to contribute to the Vogue Eyewear collection. Murphy’s “Neo” stayed simple with black frames, a not over sized oval shape lens and two small dot embellishments on the outside rims.  “Infinity” by Kara Ross is a little more dramatic with a tortes shell print, square frames and figure eight link bands. The off-white textured “Whip” design features a modern aviator-shape frame with two silver connecters at the highest point of the lens, dreamed up by Korell. All available starting today, June 23, at Sunglass Hut stores and www.sunglasshut.com.