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19 April 2024

24-carat gold shoes in Dubai for Dh75,000

Published
By VM Sathish

Everything that glitters is not gold, but the glittering Italian shoes and sandals displayed at the Leatherworld Middle East exhibition in Dubai are covered with real 24k gold.

The price? A whopping €18,000 (Dh 74,870) for the pair of golden shoes.

The price-tag of a pair of platinum shoes is €20,000 (Dh83,190) and the silver-finished pair cost €3,000 (12,480).

“The golden, silver and platinum shoes are major crowd-pullers. These unique handmade leather shoes are launched for the first time in the region by A&E Fashion Group,” said Antonio Vietri from Eduardo Vietri, an Italian company.

The custom-made shoes are produced by Italian master craftsmen who hold the world patent for the design.

Antonio explained that 250 grams of gold is used to make the golden shoes. “We have received many serious visitors at the stall and we hope to sell some units in the Middle East,” he said. Last week many Italian jewllers have displayed heavy gold outfits like jackets, belts, skirts and abheyas at an exhibition in Dubai World Trade Center.

The UAE has been a haven of luxury spending and the retail value for the UAE’s luxury leather goods market, including wallets, bags, purses, handbags and accessories, grew 14 per cent year-on-year, valuing $413 million, with this expected to nearly double in size by 2020, when the market will be worth $800 million.