A Japanese department store is offering anyone with a quarter of a million dollars a lucky dip bag stuffed with expensive jewellery to ring in the New Year.

One lucky customer prepared to hand over a numerically significant 20.12 million yen ($259,000) can celebrate the turn of the year with a fistful of precious baubles.

The “fukubukuro” (lucky bag) — a feature of the New Year in Japan, one of the country’s most important holidays — will go on sale on January 2.

Manolo Blahnik has announced a deal for British department store Liberty to sell his footwear as of spring 2012.

The UK currently only has one exclusive outlet at the designer’s store on Old Church Street in London’s exclusive Chelsea neighborhood.

Situated on Regent Street in the heart of London’s shopping district since 1875, Liberty boasts a long fashion legacy and is best known for its floral, abstract and paisley patterned print fabrics.

Pucci creative director Peter Dundas wouldn’t rule out collaborating with a department store on a low-cost line.

Since the success of fashion house Missoni’s Target collaboration, fashionistas have been desperate to know which other designers will be following suite.

Dundas has revealed to website styleite that although collaborations aren’t at the forefront of his mind right now, one could well happen eventually.

For a city that prides itself on being one of the world’s great shopping destinations, 2011 has been a stellar year for Hong Kong.

Major brands such as Apple and Hogan have already created much fanfare with the opening of flagship and a concept store here, respectively.

And the shopping landscape was extended further Tuesday as the Harvey Nichols brand welcomed shoppers into its 83,000-square-foot (7710 sq m] flagship in the city’s Pacific Place mall, set in the Admiralty district.

Japanese Department store Takashimaya is selling three commemorative gold boxes for New Year “Osechiryori” food delicacies to mark its 180th anniversary.

The luxury lunch boxes, with three layers, are made from 18-karat gold and weigh 3.35 kilograms.

Takashimaya said it is selling only three of them for 18.9 million yen ($229,000) each for New Year and is accepting orders until Oct 11.

Harrods has teamed up with specialist London brokers Watkins Superyachts to offer their most expensive product ever – a £100-plus million motor yacht.

During the month of May three remarkable window displays will feature models, images and details of a unique and exclusive range of yachts.

There will also be specialist in store representation throughout the month, together with tailored direct marketing to the Harrods customer database.