The catwalk has met the auctioneer’s gavel and gone online – offering Chanel-labelled fashion and accessories and one of the late Hollywood actress Elizabeth Taylor’s diamond rings.

In a streaming fashion show last Saturday, a California auction house aimed to modernise the auction format with what it called the “first ever runway fashion show auction”.

http://www.scmp.com/magazines/style/people-events/article/2122842/elizabeth-taylors-ring-chanel-fashions-first-catwalk