Couture Bridal Jewelry.
SO who's going into the jewelry trade? To vie with Cartier, Winston and
Tiffany? Bridal lady Vera Wang, who's already successfully gone into couture
and fragrance and, today, probably, CDs and treasuries and tax shelters and
corporations in the Caymans and numbered Swiss bank accounts and gold bullion
and overseas vaults. I mean, the woman is now so rich she could loan a few to
Imelda Marcos. OK, so next step is jewelry.
Ronald and Nancy Reagan, after his two terms in office, left the White
House with more than $1 million worth of dresses, jewelry, shoes and
accessories.
When Bill and Hillary Rodham Clinton moved out of Pennsylvania Avenue
last month with a hefty boodle of gifts, they were widely criticized.
At the same auction, the White House paid $16,100 to buy back a
drawing she removed.
Nancy Reagan drew criticism -- and the interest of the I.R.S. -- for
her propensity for "borrowing" $20,000 couture dresses from designers,
a practice which she said supported the fashion industry.
Apart from a bridal shower's worth of kitchenware, much of it from
Hollywood supporters like Steven Spielberg and Mary Steenburgen, the
takings were modest.