Glam Slam: Feel Good Ferragamo

Demi Moore pictured with her Ferragamo clutch at the Cartier 100th Anniversary in America event in New York (April 2009) WireImageAccess Hollywood

By Ryan Patterson

LOS ANGELES, Calif. -- Saving your hard earned cash these days? Aren't we all! But you CAN satisfy your fix for a stylish, unique handbag AND feel a little less guilty about it. That's because some of Hollywood's most chic stars have teamed up with Ferragamo to raise money for L'Aquila, Italy which was devastated after an earthquake hit in April.

The Italian fashion house has created an international auction of celebrity signed bags to help rebuild L'Aquila. Debi Mazar, whose husband is from the region affected by the quake, not only donated a Ferragamo bag hand painted by artist Kenny Scharf, but helped rally her famous friends to participate as well.

VIEW THE PHOTOS: Glam Slam: Ferragamo Celebrity Notes

Jennifer Aniston is parting with her brown leather "Eco Friendly" Ferragamo bag, which retails for almost $1,900. Eva Longoria is including a handwritten note with the python framed clutch she is donating which says, "From my closet to yours!" Madonna also sent a note saying, "Enjoy the handbag! All my love, Madonna."

Demi Moore, Gwyneth Paltrow, Lucy Liu and Dita Von Teese also signed and donated their own Ferragamo bags to be auctioned off.

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The bags will be auctioned off on GlobalGiving's site on eBay. The auction runs through June 12th. All proceeds directly benefit L'Aquila.

WE'RE SENDING A GLAM SLAM SHOUT OUT TODAY....

.... to Page Six's Paula Froelich, whose debut novel "Mercury In Retrograde" is out this week. Congrats Paula! You can check it out at www.amazon.com.

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