Rumors have been floating around for a bit and now we can finally show you first images of the Karl Lagerfeld x Steiff teddy bear, turning famous designer Lagerfeld into a plush toy.

"When the famous toy brand, Margarete Steiff, allows itself to produce the first ever "couture" teddy bear, it ’s with the master of today’s luxury Karl Lagerfeld. A unique and unusual collaboration that shows us, one more time, how Lagerfeld is always on the avant garde. Steiff keeps on the innovation and brings you the first teddy bear made for older kids." Via Colette.

The teddy bear comes wearing the famous black suit and sunglasses, an outfit by the designer that one got used to over the years. And of course the famous button in the ear, that all Steiff plush toys carry, is also present. You can expect this to be a collectors item. We will soon be able to tell you more about the release.

***Update: Alright, we got some more info on the release now. The Karl Lagerfeld Teddy Bear by Steiff, will be released in September at Neiman Marcus in New York and will go for above 1400 USD a piece.***

After the jump a couple more images of the teddy bear and Karl Lagerfeld’s drawings of it.

Usually we do not go into the topic of designer toys, but here we make an exception, because its a good cause and because we love the final product.

Japanese online magazine Openers joined forces with Japanese charity organization more trees to create a new 400% wooden Bearbrick – the Eco Value Wood Bearbrick. It is made out of recycled woods and proceeds from the sale will go in part to the more trees organization. The toy is manufactured by Medicom Japan and will be released soon.

Have a detailed look at the Bearbrick after the jump.

Photographer Mike Stimpson loves Legos. He is a master at the re-creation of classic iconic photographs into Lego form. From Robert Carpa’s 1944 photography of the DDay landings  on Omaha Beach to Maradon’s "Hand of God" moment during the 1986World  Cup…

His collection is available now on Flickr for all to behold. Be sure to click into each image for setup shots of his work as well. More views after the jump.

The Fendi window decorations around the globe are changing this week and will be displaying the new Bearbrick setup. If you thought a 1000% Bearbrick was big, than wait what Fendi has ready for you – not sure if the official name is a 6000% Bearbrick, but that best describes the size of the toys.

For all the collectors out there Medicom also made some 400% Fendi Bearbricks and a 100% box set. Since the Bearbricks have been made to celebrate the most famous Fendi bag and its 10th anniversary, there are 10 Bearbricks in the box set each with a season printed on the back. Pics via Secretbase.

Check out more pics after the jump.

We’ve been waiting for good photos of the interior of this soon to be legend of a vehicle. Take the world’s street legal car, add in some of touches of Hermes and you have arguably a new top teir in automotive luxury.

As noted in their press release, the Bugatti “Fbg par Hermes” is “the culmination of… extreme attention to aesthetic and technological quality and performance.”

The complexity and detail of this offering is a laundry list long, but for starters, note the door handles which are based on the forms of Hermes’ trunk handles and the dash which is usually adorned in brushed metal is lined entirely in calf skin. Looking on the outside, the air vents around the rims have the characteristic appearance of Hermes saddle-stitching.

Many more views after the jump.

Want to see the Bugatti Veyron push the limits on a closed road track? Watch this.

For the new year A Bathing Ape has once again some strong collaboration aligned. Recently we showed you the first SpongeBob collaborations that are hitting stores now. Here we present you a new Disney collaboration on a Mickey Mouse doll. The doll comes mostly covered in the black Bape camouflage print and comes in a matching black camouflage pouch. The doll is now available at CliffEdge.

Here an interesting new Medicom release. This new series of Tofu toys comes under the theme "Art Of The World". Covered in this series are Avant-garde, Poparto-fu, Kyougeki, Utamaro To-fu and Cubism To-fu. The series is now available at Someday.

All James Jarvis fans out there will be excited about the released of the Illustrated YOD toys. YOD has only recently been released and now comes in a remixed version in two new colorways, featuring tattoos all over. Both the toys and the new James Jarvis Book, “Selected Drawings”, are now available at Sold Out.

Geneviève Gauckler and Medicom once again get together and this time bring to life a new character by the artist – fuzzy Pierre. From 1D to 3D, Pierre the funny doll, now came to life and is available at Colette.

Just in case you have not come cross it yet, Nabaztag is an electronic rabbit, that can be connected to your computer and the internet. People that have a Nabaztag can receive messages send to the rabbit, read them out loud, etc. Also you can configure the rabbit to light up when you get emails, IM’s or anything else.

Just in time for Christmas, they launched a new limited edition version of Nabaztag, designed by Parisian artist André. The rabbit got a classic, simplistic André make-over. The Nabaztag by André is now available online.