A diamond encrusted version of Monopoly has been launched in the UK just in time for Christmas — and it’s yours for just £100,000.

Called Military Monopoly, it replaces the traditional place names such as Bond Street and Mayfair, with the names of Royal Navy ships, Army units and RAF stations.

It has been launched by luxury leather-goods company Pemberton and Milner along with jewellers Garrard and a quarter of the profits raised will go to services charities.

Rome-based fashion house Fendi is teaming up with Italian manufacturer Inglesina for a collection of baby accessories.

WWD reports December 23 that items including a stroller, pram and baby carrier have been designed in keeping with the fashion house’s classic style.

Featuring the brand’s iconic “F” logo and with a color palette comprising cream, mahogany and blue, the pieces will be available at selected outlets worldwide.

Fashion fans who can’t afford Oscar de la Renta‘s elaborate runway creations will be able to get their own fix as the label is launching a stationery collection.

The label has created a stationery set adorned in bows and other common Oscar de la Renta motifs.

The fashion house is launching note cards, invitations and place cards thanks to a deal with US luxury stationery firm Mrs. John L. Strong.

Hublot is launching the first ever timepiece that has a scratch-resistant gold case. Called the Hublot Magic Gold, the watches will be presented at BaselWorld 2012.

Hublot gold has a hardness rating of almost 1000 Vickers (most hardened steels are up to 600 Vickers).

This makes Hublot the hardest in the world, and by some margin it can only really be “scratched” by a diamond.

Miansai have unveiled this gorgeous iPhone 4 case made of solid gold. It can be purchased either in yellow or rose gold.

Crafted by hand at Miansai, it can be customized according to the client’s tastes. Every case is engraved with its limited edition number. Price: $10,000.

Prada have released a pair of headphones as part of their travel collection. Priced at $595, they are available online and at select Prada boutiques.