Sara Blakely told “CBS This Morning” Tuesday she plans to frame the pants and hang them at Spanx’s headquarters in Atlanta because they inspired the company’s black faux-leather leggings.
Blakely bid $162,500 for the pants, which Newton-John had to be sewn into for the 1978 film.
Blakely says she is huge fan of Newton-John, who sang at Blakely’s wedding.
Newton-John says she’s excited Blakley purchased them.
Julien’s Auctions says the leather jacket that Newton-John’s character, Sandy, wore fetched $243,200, bringing the total for the outfit to $405,700.
The proceeds from the jacket and pants, as well as a portion of the other items sold, will go the Olivia Newton-John Cancer Wellness & Research Centre in Australia.