Is This Black Diamond Dress Worth $5.7 Million?

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London Fashion Week is now running through Sept. 18, but the priciest new frock by a British designer premiered more than 2,000 km away. British designer Debbie Wingham debuted what’s described as one of the most expensive dresses ever in front of the fashion cognoscenti of Kiev.

Her evening gown, adorned with 50 two-carat black diamonds and weighing in at 13 kg, is valued at £3.5 million (US$5.68 million) drew mixed reviews from the fashionistas assembled at the city’s Fairmont Grand Hotel for the reveal. As The Telegraph of London reporter heard, above, at least one appalled onlooker considered it more schmatte-luxury than meta-luxury.

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