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"I came wearing my own," said Tracee Ellis Ross, who arrived with both forearms covered in vintage bracelets. "But you can never have enough." Shields, who arrived sans jewelry, gave her husband a sidelong glance and whispered, "but I’m hoping to leave with some."
The next day, Hollywood had double Oscars on the brain, as the Oscar nominations were announced, and Oscar de la Renta hit town to show his spring collection at the annual colleagues luncheon at the Regent Beverly Wilshire, in conjunction with Saks Fifth Avenue. Nancy Reagan, who chaired the event, swooned over the clothes, along with Betsy Bloomingdale, Wendy Goldberg, Nancy Davis and Irina Medavoy.
That evening, Barbara and Marvin Davis hosted a dinner for the designer at their Beverly Hills home, where the talk quickly turned to the other Oscar. "But who needs an Oscar when we have the real Oscar?" Barbara asked, introducing de la Renta, who was seated with Halle Berry. She wore his white embroidered gown to the "Die Another Day" premiere. "Halle, you cost me a lot of money," de la Renta said, mockingly. "The photo of you in that dress ran all over the world — and 20 ladies returned it when they saw you — saying they could never look like Halle Berry!"
Back in New York, Oscar talk — the Hollywood kind — came up Friday when Maggie Gyllenhaal hit the Spring Street Chanel boutique with her father, Stephen, to see Karl Lagerfeld’s pre-fall collection for Chanel. Though she won’t be attending the Oscars, she will make the party rounds. "All the fun but none of the pressure," said the actress, who first attended the awards at 13, when her mother, screenwriter Naomi Foner, was nominated. "I wore a vintage nightgown from the Thirties," she said. "I was just starting to have some style."