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Matthew Williamson has collaborated with Belvedere Vodka to create a $1,540 limited-edition caftan to celebrate the launch of the vodka company's new pink grapefruit flavor. The garment will go on sale at the designer's boutiques in New York and London on May 13. Belvedere is making a big fashion industry push this year and will open a 6,000 square foot pop-up space in New York from May 12 to 16, directly across the street from Williamson's Meatpacking District store. The company previously collaborated with shoe designer Jonathan Kelsey. [WWD]