HORSING AROUND: On the heels of their successful Platinum Handbag launch, Mark Badgley and James Mischka were all smiles Wednesday night at their party to fete the collection. Turns out Badgley is a winner outside the design studio, as well. Earlier this month, one of his horses, Brando, won the Kentucky Summer Classic. "We go to Kentucky every weekend for about six months to our horse farm," said Badgley. "We keep horses there, all of whom are show horses. The rest of the year they spend in Palm Beach." Lucky lucky.
PENNY ROYAL: The Bar Marmont in Los Angeles was a swirl of drinks and diamonds Thursday night when Penny Preville teamed up with Stolichnaya Elit vodka for a good cause. The jeweler designed four 18-karat pieces that were auctioned to raise money for the Design Industries Foundation Fighting AIDS. Andrea Fiuczynski, president of Christie's, Los Angeles, revved up the online and live bidders, including Rosario Dawson and Eric Mabius. "Are you armed and ready? Can you show me your paddles?" she asked. The cuff bracelet, clip-on pendant, earrings and cuff links, which were displayed on martini glasses and red rose petals, ultimately fetched a total of $17,200 for DIFFA.