For Thursday night’s Kering Foundation Caring for Women dinner , Carmen Busquets decided to shop her own closet. Or, more specifically, her vast designer-couture-filled closets, scattered from Miami to Paris—the city from which she had a black Balenciaga fall 2023 couture gown shipped for the star-studded event.

“I bought the couture dress,” said the Venezuelan-born entrepreneur, impact investor, and philanthropist, speaking on a call from her car in between meetings in New York City. “It’s not something that is borrowed.”

Sofia Alvarez

Back in 2023, the astute Busquets carefully assessed her options, by then creative director Demna for the Kering-owned house, and initially pounced on the buzzed-about sculptural red lace gown .

“It was gorgeous, but then I thought it would

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