Monday, 23rd November 2009

 

4 December 2008 - Tara Loader Wilkinson

Stocking filler: Harrods sells world's most expensive shirt

Harrods, the luxury London-based retailer, is selling a diamond-encrusted shirt valued at £20,000, the world's most expensive shirt ever made. Although the shirt has not yet been sold, it puts paid to the idea of the wealthy having to reign in their spending as a result of the recession.

The record-breaking shirt is designed by Eton and will be up for auction from December 8 to 18.

Bidding opens at £5,000 and all proceeds go to Great Ormond Street Hospital.

The shirt is made from Egyptian cotton and has seven coloured diamonds which adorn the shirt studs and cuff-links.

Most Read

  1. Colonel Gaddafi's son buys £10m London property
  2. Lombard Odier hires from Coutts
  3. More US wealthy opt to surrender their citizenship
  4. Stanhope Capital grows staff by 50%
  5. Comment: Prince William seals the ascent of hedge funds

Brummel

Relocation, relocation, relocation

Banks have never been shy of firing staff at the merest whiff of a downturn. First the fat, then the muscle and finally the bone. In the past, cuts have been so deep that firms have found it hard to benefit when the markets rebounded, paying over the odds to restaff at speed. Such wild oscillations in staffing numbers are known as “doing a Merrill”.

Rich Monitor

Diary: Utopia for Yacht Lovers

Looking to get more from your yacht? Why not share it with others?

More from Portfolio

  1. Gold demand drops 34% as economy brightens
  2. London & Stamford profits up but still 'cautious'
  3. Investec posts 29% surge in client assets amid profit decline
  4. Merrill wealth strategist foresees ‘challenging’ commodity markets
  5. Junk bonds set for record 2010

Related Content

  1. Diamonds are an investor's best friend

2nd Floor, Stapleton House, 29-33 Scrutton Street, London, EC2A 4HU

Tel: +44 (0) 20 7309 7788

Company No 3089347