Italian designer Alberto Moretti announced the launch of exclusive 24 carat gold shoes. The shoes are made from velvet and covered in gold. The shoes, pumps for women and loafers for men, cost £1,700 or about $2,664. They were presented for the first time during the Monte Carlo Grand Prix on May 25, 2013. A spokesperson for the designer said Barneys New York will sell them in September. (Courtesy Alberto Moretti)