Mattel and the the Council of Fashion Designers of America (CFDA) are auctioning off Barbie dolls wearing little black dresses that have been designed by top fashion designers. The designers include Issac Mizrahi, Betsey Johnson, Rachel Roy, Justin Giunta, Lorraine Schwartz, Alex Bittar, Monica Botkier, Deborah Lloyd of Kate Spade, Tory Burch, Albertus Swanepoei, Philip Crangi and Devi Kroell. Proceeds from the auction will benefit the CFDA Foundation, Inc., a separate, not-for-profit company which was organized to raise funds for charitable initiatives and campaigns on behalf of the American fashion industry's designers.
The doll with the highest bid so far is the Lorraine Schwartz Barbie (pictured below), which has a high bid of $4,100. The Lorraine Schwartz Barbie contains real diamonds valued at $25,000. You can find all the designer Barbies here. The auction runs until February 7th.
