MICHEL: These are $300 Italian loafers.
DRELLA: Wonder if Versace makes a pacifier.
Versace is an Italian luxury fashion company, founded by Gianni Versace in 1978. It is a favourite brand of numerous celebrities.
A pacifier is what Americans call the rubber teat with a plastic shield given to babies to suck on; in other countries it might be known as a dummy, teether, or soother.
The Annotated Gilmore Girls 