Six pieces of Judith Ripka fine jewelry are being auctioned for a cause.
Robert and Jennifer D’Loren donated the jewelry to benefit the Fashion Institute of Technology Foundation, specifically the QVC Scholarship Fund. Established in May of this year, the fund awards $5,000 per year for four years to seven students from the countries in which QVC operates: the United States, Japan, Germany, the United Kingdom, Italy, France and China.
Robert D’Loren is the chairman and CEO of Xcel Brands, the brand management and media company that bought the Judith Ripka brand in 2014. Xcel also owns Isaac Mizrahi, Halston, C. Wonder and Highline Collective.
The auction began Thursday at 10 a.m. and will conclude on Sept. 8 at 11:59 p.m.
Bidding is taking place online at BiddingForGood.com. The pieces will be on display on Sept. 7 at the FIT Couture Council Luncheon.
The six pieces of jewelry up for sale range from an 18-karat yellow gold ring with gray mother-of-pearl, blue sapphires and blue quartz, worth an estimated $7,400 and starting at an opening bid of $2,960, to an 18-karat gold and chrysoprase ring, adorned with green tourmaline and white diamond pavé that starts at $6,800 and is valued at $17,000.
[Source:- nationaljeweler]