Justin Bieber Christmas Sweater On The 'Today Show' Cost A Pretty Penny (PHOTOS, VIDEO)

Justin Bieber got into the holiday spirit in style this morning on the "Today Show," slipping into an (ironic?) red-and-white holiday sweater to perform alongside Usher.

Sure, we all have our embarrassing holiday garb. But did your ugly Christmas sweater cost $1,700? Ours didn't.

Biebs' Fair Isle jacket is actually a Junya Watanabe varsity jacket made of wool and leather. The cost? It's selling for $1,650 on Mr. Porter right now. We guess Justin got a little extra cash in his Christmas stocking this year?

But Bieber didn't seem nervous about wearing his pricey jumper as he performed his hit "Never Say Never," and later, songs from his new holiday album "Under the Mistletoe" with special guest Usher. Even his new haircut stayed perfectly in place.

Check out Biebs and his chi-chi jacket below in our slideshow below, and watch the video to see it in action.

CORRECTION: In an earlier version of this story, the designer's name was misspelled. It is Junya Watanabe.