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BLING RING: Gilt Groupe customers will have the chance to add some sparkle to their wardrobes starting at noon Wednesday, when the flash sale site puts the CFDA Swarovski Award Collection up for grabs. The line, created in conjunction with last month’s CFDA Awards, consists of one-of-a-kind, crystal-embellished creations from each of the eight designers who were nominated in a Swarovski Award category: Joseph Altuzarra, Prabal Gurung, Simon Spurr, Jason Wu, Richard Chai, Eddie Borgo, Alexander Wang and Dana Lorenz. Offerings from the collection are diverse — there’s everything from a beaded duffel bag from Wang to a bejeweled blazer by Altuzarra — and range in price from $1,090 for a Lorenz necklace to $10,000 for a Gurung party frock. All proceeds from the sale will benefit the CFDA Foundation’s Educational Initiatives, a fund that supports budding design talent at the high school, collegiate and postgraduate levels.