With the Chinese New Year celebrations currently underway, fashion manufacturers have taken to the event with full force. A plethora of red-colored and snake-skinned (mostly faux) clothes and accessories are available from nearly every fashion house right now.

The Lunar New Year arrives Feb. 10, bringing with it a new animal: the snake. The holiday also ushers in a beast of a shopping season that this year is stretching from boutiques in Beijing to Beverly Hills.

Luxury brands are rolling out a menagerie of merchandise to capitalize on the holiday, which marks Asia's biggest shopping season. And more Western brands are getting in on the Year of the Snake, pushing snake- and red-themed goods, from Vacheron Constantin's $150,000 watch with an engraved snake etched onto its face to the serpentine, limited-edition Mercedes-Benz Smart Car, of which only 666 were made. Read More