Donatella Versace intends to auction off some of her personal art collection. The auction of sculptures, paintings and furniture is planned for April 7 and May 7 in Milan, reported Italian media.

Though the organizers of the event, the Porro C Art consulting firm, did not give out any information, they called it “an important rendez-vous for the art market.”

As reported an Italian source, the possessions planned to go under the hammer were collected by Donatella’s brother Gianni over 30 years but then inherited by her, along with her brother Sandro, after Gianni’s slaying in 1997. Some may relate Donatella’s auction to the recent cash-flow problems of the Versace group that forced it to sell off a building in Manhattan. But the company’s spokesman has stressed that items prepared for sale are personal possessions of Donatella, rather than those of the whole Versace family.

“The sale of the building was a business decision. The auction sale is a private matter concerning just Donatella. The company is doing well,” he said, according to AFP.