Made from aluminium and shaped as an over-sized Dom Pérignon bottle, the new design is a smaller and shiner version of the first.
Featuring a bright green label, it holds a standard bottle of Dom Pérignon champagne.
The cooler is priced at $US 1,000.
Newson is renowned for his use of biomorphism in his creations; meaning he begins with an original design for a product before improving on it in various ways. He has worked on a range of items across a number of disciplines including household objects, a bicycle, a concept car, restaurants, and interiors of aircraft for clients across the globe.