Christian Louboutin is renowned for selling some of the world’s most expensive high heels, and now the designer has added a little of that same high-priced luxury to his beauty range with a new nail polish which retails for a whopping $675.

Starlight is a limited edition holiday item, which is only available in the brand's signature red shade, Rouge Louboutin. And unlike the other polishes in Mr Louboutin’s collection, this unique product comes complete with a beautiful bottle embellished with 1,500 hand-applied Strass crystals.

Two red leather and crystal flowers borrowed from the designer's $1,395 Pensamoi shoe decorate the box, which has a black lacquered finish.

Lavish polish: Shoe designer Christian Louboutin has launched a $675 nail lacquer, in a bottle embellished with 1,500 hand-applied Strass crystals

The high-priced polish is even more expensive than some of the label's lavish footwear; for example, a pair of camouflage-print metallic Pigalle pumps as well as the brand's magenta suede Iriza heels can both be found on Net-A-Porter for $625.

Mr Louboutin first released the Rouge Louboutin lacquer - without the ornate packaging - in July, as part of a nail polish line which is priced at $50 a bottle.

Nail enamel was fitting for his first foray into beauty products. The French designer came up with the idea of giving all his shoes a red sole in 1992, after painting crimson nail enamel on the bottom of a pair to make them more compelling.

Louboutin Rouge: While the $675 polish (left) is a limited edition holiday item, Mr Louboutin introduced the same shade in a $50 package (right) in July

All of his nail polish bottles come with an eight-inch cap, the same length as the heel on the designer's sky-high Louboutin Ballerina Ultima shoe, which was part of a 2007 collaboration with filmmaker David Lynch.

'People talked about "Louboutin Red" even before I decided to do beauty,' the designer told Vogue in July.

'When I was thinking of the red for nails, I thought, I have to have an iconic red, as it’s really my identity. I was thinking of the red of Silvana Mangano’s nails in the 1967 movie Le Streghe [“The Witches”], and of a flamenco dancer I once saw who was like the famous Carmen Amaya. She dressed in men’s clothes—black pants, a white shirt, a black waistcoat—but when she stopped dancing and you saw her hands, they were perfectly manicured and the nails were a dark bloodred.'

Fancy footwear: The new nail polish is even more expensive than some of Mr Louboutin's shoes; a pair of camouflage-print metallic suede pumps (left) and magenta suede heels (right) are both priced at $625 on Net-A-Porter

While the Starlight may seem outrageously priced, it's actually not the world's most expensive nail polish.