Prada Hosts Auction

Whether it’s an attempt to cash in on a fashion frenzy, elevate the status of Prada to art, or simply raise some cash for a good cause – the elite fashion house is auctioning off 24 one-of-a-kind pieces at Prada.com from now until July 25th. Items are updated every Monday, Wednesday and Friday and they’re currently auctioning off three pieces – like this Fiocco dress featured on the Papierdoll Blog.

The bidding on this beautiful dress currently sits at 910 Euros (about $1200), and the high bidder right now? None other than fashion fanatic – FashionPig. The beige dress with embossed bodice and wool/silk radzmire skirt finished by a organza petticoat is a one-of-a-kind prototype that was created for Prada’s Autumn/Winter ’07 collection. The piece has never been shown on the catwalk and is, of course, a size Small.

Items that will be up for grabs over the next few weeks include dresses, shirts, bags, and shoes with several pieces that were created specifically for the auction. The proceeds of the sale will benefit Fondazione San Raffaele, a medical research facility in Italy.