CHARITABLE TIMES: How to Spend It, the Financial Times’ luxury lifestyle magazine, raised 362,650 pounds, or more than $566,000 at current exchange, to aid the charity Save the Children through its 20th-anniversary fund-raising issue, published Nov. 29.
The issue, called How to Give It, offered 83 items and experiences for sale to mark the luxury title’s milestone. Among them were a Chopard Tourbillon watch crafted from Fairmined 18-karat rose gold; a bespoke Paul Smith suit and a first fitting with the designer; a dinner for six hosted by Olivier Krug at his childhood home in Reims, France, and a one-off Prada crocodile handbag. The lots were all offered through a Christie’s online sale, with the auction house waiving all commission for the project. Gillian de Bono, editor of How to Spend It, described the money raised as “a terrific result [that] demonstrates the incredible generosity of How to Spend It readers and all the luxury brands who donated lots.”
Justin Forsyth, chief executive officer of Save the Children, said the partnership with the Financial Times on the auction “will not only enable Save the Children teams to save and protect children in some of the toughest situations, it has also raised awareness of our vital work.”