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DRIVING DOLCE: Giacomo Santucci, former Gucci brand chief, is said to be headed to Dolce & Gabbana in a high-level...

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A first look at the new Lisa Michelle Boyd for Kwiat collection: This $50,000, 16-carat diamond and 18-karat yellow gold peacock feather cuff bracelet shown here, along with matching earrings, are the first two items off the production line; the other eight debut in the coming months. Boyd, who styles Charlize Theron, has been sketching her own jewelry for six years. “It was just a matter of finding a quality company to produce my designs,” she said. “But it took work to convince a traditional, 100-year-old diamond house to take a risk with some modern pieces.” Theron isn’t obligated, and only 10 celebs have been preapproved by Boyd to consider them.

Kwiat and Revlon hosted a cocktail party at the Four Seasons Wednesday eve, where Allison Janney, Teri Polo, Julian McMahon, Daisy Fuentes and “The O.C.” starlet Shannon Lucio sipped Diamond-tinis and vied for an ice pendant in a raffle....In another wing of the hotel was the W magazine Girls Night Out, a beauty and accessory fest where Kelly Rutherford, Susan Becker, Paula Abdul and Michelle Trachtenberg turned up for eyebrow waxing and psychic readings. Jeweler Penny Preville even brought out a tiara, knowing Abdul’s fondness for them.

The night before, GM Ten’s fourth annual, well-tented, car and clothing extravaganza at Sunset and Vine netted Oscar nominees Jamie Foxx and Catalina Sandino Moreno for the runway, as well as Hilary and Haylie Duff, Regina King, Anthony Kiedis, Amber Tamblyn and McMahon. In the front row, Ashton Kutcher and Demi Moore howled as former football great Marcus Allen and Daytona 500 winner Jeff Gordon took to the catwalk, while Amanda Peet, Dennis Hopper, Quentin Tarantino, Mena Suvari, Erika Christensen and Tori Spelling cheered on the rest.

Later, Foxx joined hip-hop king Kanye West during his performance, which Pepperdine sophomore Vanessa Traina and her skateboarder-clothing designer beau, Chad Muska, couldn’t get enough of. Traina’s missing the Oscars because she’ll be at Paris Fashion Week, hitting, she rattled off, “Balenciaga, Chloé, Dries and Dior.”
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