Yep, you read that right. This beautiful shoe comes to us courtesy of Paris Hilton. We didn't want to like her shoe collection, but, the fact of the matter is, she's got some hot shoes in there, and this is one of our favorites for several reasons.

First of all, we love a bright red shoe, and this Catalina Heel (available at Heels.com for $78.99) certainly covers that. It also comes in a bunch of other colors, if you're not partial to ruby slippers.
And, we like that she went with a fairly classic style, but gave it a monster heel, playing the innocence of the patent leather and bow against the sexiness of its shape. Plus, it's a peep toe. We always love a peep toe.

Regardless of who designed it, we love the shoe, and we feel like it's the type of classic style that belongs in every fashionista's closet.