Kim Kardashian and Lauren Sánchez found themselves in a fierce bidding war over a “coveted Balenciaga Couture experience” at the Kering Foundation’s third annual Caring for Women dinner in New York. The two power players, known for their influence in the world of fashion, were seen bantering back and forth to raise funds for the Kering Foundation. With another bidder also vying for the same lot, the bidding quickly escalated to a staggering $175,000.
In a surprising turn of events, Balenciaga made the decision to allow all three bidders to win the experience for $175,000 each, ultimately raising a total of $525,000 for the foundation. The experience included the opportunity to select a piece from Balenciaga Couture Collections presented in Paris, described as an exclusive experience accessible to only a select few individuals.
This wasn’t the first time Kim Kardashian and Lauren Sánchez found themselves bidding against each other for the same lot. Last year, both celebrities ended up winning the auction. The event was co-hosted by Kardashian, along with other notable figures such as Salma Hayek, Kering CEO François-Henri Pinault, Matthew McConaughey, Camila Alves, and more. The night’s emcee was Gayle King, and the guest list included Sánchez’s fiancé Jeff Bezos, Orlando Bloom, Katy Perry, Lindsay Lohan, Dakota Johnson, and many other prominent figures in the entertainment industry.
Supporting a Worthy Cause
The Kering Foundation was established in 2008 with a mission to combat gender-based violence and child abuse in order to disrupt the cycle of intergenerational violence. Through supporting local organizations that provide quality services to women and children who are victims of violence, the foundation aims to create safe and supportive workplaces for survivors while influencing societal action. The annual dinner has raised millions for organizations such as the National Network to End Domestic Violence, Girl Effect, and It’s On US, demonstrating the impact of celebrity involvement in philanthropic initiatives.
Kim Kardashian and Lauren Sánchez’s participation in the high-powered bidding war over Balenciaga not only showcased their influence in the fashion world but also raised significant funds for a worthy cause. The generosity of Balenciaga in allowing all three bidders to win the coveted experience exemplifies the spirit of giving back and supporting organizations that make a real difference in the lives of women and children.