Pearl jewelry has shot to the top of the news recently, as Calvin Klein and his ex-wife decided to sell three pieces of famous natural-pearl and diamond jewelry. These lovely pieces, one which is a 14-inch necklace with 28 natural pearls, once was owned by the Dutchess of Windsor. The pieces will be sold by auction at Sotheby's in New York in December 2007. Estimates of the collection's worth goes as high as $3.1 million. Klein originally paid $733,000 for the pieces at a Sotheby sale in 1987.

Fashion shows of the present era are electrifying with spectacular, emotional and theatrical aspects. The Lakme Fashion Week (LFW) held in the "dream city" of Mumbai during March 29 - April 2, 2008 is an apt example of the same. The new millennium endorsed with wealth, and amid a flock of fashion savvy designers, the show forged its own place in the world of fashion. Designers staying to their roots and with years of experience adored the show a sexy look with a touch of vintage elegance.