Prada's 27,000-dollar dresses

Prada's new 'IT' dress

Prada is to launch what will, no doubt, be THE must have item of Spring 2014 - a collection of lace dresses worth 27,000 dollars each.

Prada has enlisted Swiss lace-makers to create a limited edition collection of macrame dresses that come in three colour variations: first, a dress with bright red as main colour accented with orange and pink, second, in light yellow and highlights in orange and pink, perfect for a picnic on a sunny day, and third, perfect for the evening with its cobalt, petal pink and orange colours.

Miuccia Prada has also added her twist to these dresses with unconventional colours and quirky floral designs.