Asis Briefing: €100,000 for suit with gold stitching and diamond buttons

Wearing this tin of fruit in an Irish boardroom during these straitened times may constitute a hanging offence, but executives out there looking for that little something different to impress investors might consider the latest creation from Apsley Tailors of Punjab House in Tsim Sha Tsui, Hong Kong.

Made with 22-carat gold stitching, a gold waistcoat and diamond- encrusted gold buttons, the one-off creation was put up for sale on May 29th, and sold on the same day, for HK$1 million (€100,000), the South China Morning Post newspaper reported.

Apsley director Arshad Mahmood said the gold suit was the only one of its kind in the world.

“It is very special. It’s a great achievement for us. We made it all beautifully, it’s all hand done. There is a lot of gold used inside,” he said.

"I've used 22-carat gold for the buttons and diamonds. It took us about 200 hours to make the suit.

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"People are not going to wear it every day. They'll probably wear it maximum twice a year for their special occasion.

“A painting can sell for a million pounds, why can’t I sell my suit at that price?”

Apsley was established in 1889, and was popular with British forces stationed in the former Crown Colony.

The world's most expensive suit is believed to have been made by Stuart Hughes and Richard Jewels of Manchester, England.

The R Jewels Diamond Edition is made from a blend of cashmere wool and silk, contains more than 480 diamonds and costs €700,000.