Fendi has unveiled a Fendi Peekaboo bag, dressed in 24 carat gold python skin to flaunt it out loud!

The exclusive bag was unveiled to celebrate the launch of Fendi’s new store in the retail palace Crystals in MGM CityCenter, Las Vegas.

The other exclusive piece launched at the event includes the exclusive Trevi Fountain Peekaboo bag.

Anja Rubik by Karl Lagerfeld

Italian fashion house Fendi came up with this exquisite wine fridge wrapped in soft, beautiful textured leather.

Part of the Fendi Casa Real Leather Furniture Collection, these wine fridges come with distinctive crocodile skin patterns and sleek lacquered finish.

The wine cellar allows one to store up to 16 bottles in a temperature and humidity controlled environment allowing wines to be matured in the perfect conditions.

The Italian fashion house Fendi comes with a new funny concept of bag.

Now, you can have your Fendi Baguette, where “your” means unique and really representing your own style. How is it possible?

With the new Fendi limited edition called Baguette Mezzo Punto.

Fendi have just released a bicycle named the Fendi Abici Amante Donna which comes in two versions.

One version comes decked out with Fendi’s Selleria leather accessories (a key and bike chain cover, leather gps navigation holder and a detachable Fendi case) which costs $5,900.

A more expensive version which comes complete with everything plus removable fur saddlebags for $9,500.

Milan Fashion Week kicks off Wednesday in an atmosphere of gloom and doom with some 10 fewer shows in the lineup because of the global financial crisis.

While 95 fashion houses staged shows a year ago, this year’s programme has attracted only 79. A total of 93 brands showed their summer 2009 collections here last September.