Chicago

Danish design company Bang & Olufsen makes a slew of lust worthy goods and gadgetry, the latest of which is their inaugural 3D TV – also one of the most expensive sets ever made. The sleek BeoVision 4-85 is host to an 85-inch plasma screen, an array of high-tech features, innovative motorized stand, a host of customization and programming options, and a price tag of £100,000 (about $160,742).

Christian Louboutin has been celebrated the world over for his sought-after luxury footwear. The famed French designer has taken his portfolio to new heights after creating a pair of eight-inch tall ballet-inspired heels. Sporting the signature red sole and towering above standard heels at an incredible new height, the Swarovski-encrusted shoes are being auctioned off to raise funds for the English National Ballet (ENB).

Over 11 years ago, a competition was created to seek out the world’s finest wool. The World Wool Record Challenge Cup yearly results in the best quality wools, and the current record has resulted in a variety of the material with a thickness of 11.4 microns – which will be used to produce suits valued at $22,500 and up.

The world’s first luxury hybrid smart phone, the Chairman by Ulysse Nardin is highly coveted by luxury connoisseurs worldwide, carving the new frontier for design and technology. The culmination of rigorous research and development by scientific Cellular Innovations (SCI) has paired the historical, mechanical art of watch making with modern technology to create 1846 limited edition pieces of each Chairman style in honor of Ulysse Nardin’s founding year.

Eric Clapton is known for many things – mostly his unparalleled talents that have made him a rock legend and three-time inductee to the Rock and Roll Hall of Fame. But one of his perhaps lesser-known passions is one for fine timepieces – namely vintage Rolexes. While vintage Rolexes themselves are incredibly valuable pieces of horology, those owned by celebrities make them even more coveted. Recently to hit the auction market is Clapton’s former 5513 Submariner with a rare Explorer dial.

Bruce Wayne a.k.a. Batman has more toys and gadgets than many of us could ever dream of, but that’s why he’s the hero – and Gotham’s ultimate playboy. With billions of dollars under his utility belt, Batman will be upgrading his daily driver from the already fierce Lamborghini Murciélago LP640 to the powerhouse Lamborghini Aventador for the upcoming Batman: The Dark Night Rises movie, slated to hit theaters next summer.

A stunning new Porsche has made its debut – it’s the not the kind you’re thinking of, but it is as impressive. A limited edition Porsche Design watch is now the new lust worthy item from the celebrated brand, and it is several times over more pricey that its automotive counterpart. Priced at $270,000, the piece is a true symbol of Porsche’s sterling craftsmanship.

Royal families across the globe are always under the covetous eye of the public. They always have the best of the best in their possession and it is they who represent the utmost in class. In particular, they possess some of the world’s most extraordinary feats of automotive craftsmanship. Here’s a breakdown of some of the world’s royalty and their cars of choice.

Fashion heavyweight Michael Kors has decided to sell 25 percent stake in his company in order to fund his plan for global expansion, with a goal of raising upwards of $500 million. Long-time fashion designer Tommy Hilfiger has reportedly been recruited by Morgan Stanley to become one of the top investors. Although nothing has been finalized, Hilfiger commented to WWD from Europe:

Director Michael Bay does it again with his 3rd installment of the popular Transformers franchise Dark of the Moon.

Watching what you eat has just gotten a whole lot easier – and technologically advanced. An innovative new concept called Nutrismart by Hannes Harms has been designed to work with advanced technology to sense what is going into your stomach, how much of it, its caloric value, and more, making it the ultimate tool for the savvy diner.

With summer comes the opportunity for travel and leisure. Louis Vuitton’s Spring/Summer 2012 bag, accessories, and luggage collection will ensure you jetset in luxury, and with the utmost class. Drawing on a sense of the classic Louis Vuitton Maison legacy, the new collection will witness again the presence of the luxe VVN leather – traditionally used as trim for the famed Monogram luggage – to provide accenting on outerwear, in the distinctive flat-pac sandals, and on many of the new mix-and-match belts, in addition to wooden marquetry elements.