Most Expensive Fashion Items of 2011

While fearless fashion leaders were purchasing must-have Louboutins of the moment, others were splurging on the most expensive fashion items of 2011. As the year comes to an end, it's only right to review these extravagant items. The pieces range from Marilyn Monroe's iconic white dress to 24-karat gold shoelaces.

If one extremely wealthy individual were to purchase all of these fun fashion items, the total would come to $8,428,535. That is equivalent to 9,745 Yves Saint Laurent pumps (averaging $845 a pair), 4,447 Chloe Marcie totes (averaging $1,895 a bag), and 46,825 J Brand skinny jeans (averaging $180 a pair). For $8,428,535, you could have ten insanely expensive items, or 61,107 affordable must-have fashion pieces.

See the complete list of 2011's jaw-dropping expensive items after the jump...

Fashion (and Fashion Shows) Galore

Last night, Donatella Versace displayed her Versace for H&M collection to an audience full of fashion editors and celebrities. The event took place at Pier 57 in the Meatpacking District of NYC, which turned into "Versace for H&M Hall on the Hudson," just for this special occasion. The show consisted of 43 studded and palm-tree printed Miami styles.

This certainly serves as a pleasant reminder that Versace for H&M will be in stores exactly one week from Saturday, on Nov. 19. Mark your calendars and save those paychecks — you'll need them!

Ten days later, a less pricy (free, actually) event will air on CBS: the Victoria's Secret Fashion Show on Nov. 29. In fact, Victoria's Secret is taping its hyped-up annual runway show today. It's taking place at the 69th Regiment Armory in Kip's Bay. The Angels are set to wear a total of 69 costumes, with themes ranging from aquatic to magic, and references that include New Orleans, the movie Pretty Baby, and voodoo.

Which event are you most excited about: Versace's or Victoria's?

Text Brittney Schering
Image New York Fashion