Fashion & Style: Italian luxury goods label Loro Piana, famed for the world's finest cashmeres, has come out with a sporty Regatta collection for summer to celebrate the Loro Piana Superyacht Regatta taking place later this month in Sardinia.

The event features fierce competition between some of the world's largest and fastest sailing yachts. Comprised of apparel and accessories inspired by the sailing world, the Regatta collection features a waterproof jacket, swim trunks, baseball cap, beach towel and cashmere blanket, in various colors and all embellished with the name Loro Piana spelled out in nautical flags.

The Regatta jacket for $1,425 is made using Loro Piana's signature Storm System-treated microfiber and features details such as visible stitching, elbow patches, protective straps, flaps and drawstrings, an external lunette bearing the Loro Piana logo, and comes in a waterproof bag. The Bay Regatta swim trunks for $345 are available in solid colors, stripes and seersucker. The plush Regatta beach towel for $750 features a sailcloth border. And for the ultimate in luxury, the ultra-soft Regatta 100% cashmere blanket with embroidered nautical flags (above) costs $2,050.