Kim Kardashian and Lauren Sánchez got into a high-powered bidding war over Balenciaga at the Kering Foundation’s third annual Caring for Women dinner in New York.

We hear the friendly power players and fashion mavens were both bidding on a “coveted Balenciaga Couture experience” at the event, and, “bantering back and forth to raise funds for the Kering Foundation,” a source said.

Upping the drama, another bidder also wanted the same lot — and the bidding hit a whopping $175,000.

Kim Kardashian and Lauren Sánchez were bidding on the same lot at a NYFW gala.kimkardashian/Instagram

Kardashian and Sanchez each paid $175,000 to win.
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Sanchez wore Oscar de la Renta at the gala.
Getty Images for Kering

Said our fashion insider, “Balenciaga ended up approving on the spot, that all three could get the experience for $175K each,” raising $525,000.

The lot included selecting a piece from Balenciaga Couture Collections presented in Paris, described as “an experience accessible to few.”

To translate for the fashion challenged, “couture” is, of course, making clothes to a client’s specifications.

The duo both bid on the same lot last year.WireImage for Vanity Fair

Another guest also bid on the same Balenciaga lot at the glittering gala, and all three won.Getty Images for Kering
Balenciaga explained in the program that the lot was “a timeless and pure expression of craft, providing an architecture to the silhouette that gives the wearer the strongest notion of elegance and sophistication.”

Sánchez, 54, and Kardashian, 43, also bid on the same lot last year and wound up both winning.

The night was co-hosted by Kardashian, as well as Salma Hayek and Kering CEO François-Henri Pinault, Matthew McConaughey and Camila Alves, Carmelo Anthony, Priyanka Chopra, artist Urs Fischer, desiger Donatella Versace and Naomi Watts.

Gayle King (far right) emceed the event.
Getty Images for Kering

Amazon founder Jeff Bezos also attended the gala.
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Gayle King was the night’s emcee, and guests also included Sanchez’s fiancé Jeff Bezos, Orlando Bloom and Katy Perry, Lindsay Lohan, Dakota Johnson, Jessica Chastain, Viola Davis, Kerry Washington and more.

Kering’s luxury fashion brands also include Gucci, Brioni, Saint Laurent, Bottega Veneta, Alexander McQueen and others.

Fashion giant Kering created its foundation in 2008 to “combat gender-based violence and child abuse to disrupt the cycle of intergenerational violence.”

The famous rival bidders are good friends apart from any auctioning.
WireImage for Parkwood
The foundation supports “local organizations that offer quality services to women and children victims of violence, engages Kering’s ecosystem to create safe and supportive workplaces for survivors, as well as influencing societal action.”

The annual dinner has raised millions for organizations including the National Network to End Domestic Violence, Girl Effect and It’s On US.