New York-based award-winning designer Karim Rashid teams up with Veuve Clicquot for the second time in creating a portable champagne cooler, called Globalight, that incidentally, emits a soft pink halo of light that surrounds the champagne bottle.

What is unique about Globalight is that heat from the light emitted is not transferred to the champagne bottle, so the bottle is maintained at an ideal temperature for two hours.

With its sleek elliptical lines and brushed aluminium structure, the Globalight makes for a contemporary decorative design piece on its own.

Priced at US$4,000 a bottle, Globalight will be created in a limited edition of 500, and was unveiled to the public for the first time at the Milan Furniture Fair on Wednesday.