These Are the Bags We Want at P.S. Arts' 11th Annual Bag Lunch (Exclusive Photos)

Jessica Chanen

In anticipation of Thursday's star-studded P.S. Arts charity event, here's an exclusive peek at the designer arm candy that will be offered at 30 percent off.

It's not every day the term "bag lunch" is associated with designer purses, but at this Thursday's 11th annual Bag Lunch charity event, the phrase will sound more stylish than usual.

The yearly invite-only fundraiser -- hosted by Hollywood Reporter Top 25 Power Stylist Elizabeth Stewart and E! Fashion Police co-host George Kotsiopoulos at a sprawling Beverly Hills estate -- will auction discounted bags from the likes of Tom Ford, Jimmy Choo and Ferragamo, with 100 percent of the proceeds to benefit children's educational foundation P.S. Arts. Who knew having a purse addiction could turn out so positive?

Here, we give you a sneak peek of what will be sold -- Fendi, Prada, Givenchy and Roger Vivier included.