Louis Vuitton's new candy bag

The French fashion and accessories house, which tapped Richard Prince to design a collection of handbags for spring, is offering a limited-edition style to celebrate the artist's first major UK solo exhibition from June 26 to September 7, entitled "Continuation," at the Serpentine Gallery.

Only 50 of the ostrich and canvas Jamais bags are available, each numbered and signed by the artist. They will be sold exclusively at Vuitton's Sloane Street store in London during Prince's solo show. Priced at 9,000 pounds, a portion of proceeds from the Jamais bags will benefit the Serpentine.

In honor of the occasion, Vuitton artistic director Marc Jacobs and Yves Carcelle, Vuitton's chairman and chief executive officer, will host a dinner for 120 guests on June 24. The evening will unfold in a tent-inspired by the venue Vuitton erected in Paris last October to stage its Spring 2008 runway show. Preceding the dinner will be an "art talk" between Prince and Tim Marlow of White Cube gallery.