Karl Lagerfield's the man we love to love for his gorgeous Chanel handbags and love to hate for his narcissistic streak. That ego is on show again with the release of the Karl Lagerfield bear, a furry likeness of the iconic designer.

Cashed up Chanel fans can snag one of these limited edition bears for $989. Wait, $989? Nearly one thousand dollars for a stuffed animal? That's right luxury lovers, this baby will cost you nearly four figures.

Why so expensive? Well, it's a limited edition line, with just 2500 of the bears made. It's also wearing a cute Swarovski studded crystal belt and tie. He's autographed by Karl Lagerfield himself. And let’s not forget the custom-made boots and sexy shades.

Oh who am I kidding? There's absolutely no reason for a teddy bear to cost nearly $1000. If you're happy to throw money around frivolously, you can pick up a Karl Lagerfield Steiff bear from Neiman Marcus and Bergdorf Goodman stores.

[Source: The Glamazon Diaries]

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