Karl Lagerfeld converted into a teddy bear?

The famous German teddy bear maker Steiff create a fuzzy duplicate of Karl Lagerfeld with dark sunglasses, a dark suit, high color and logo belt. This special collaboration is limited to 2,500 limited-edition teddy bears which will be launched at Neiman Marcus stores this September for $1,500 USD each.

Thats a little expensive dont you think?