To commemorate the 50th anniversary of "The Wizard of Oz," Ron Winston, chairman of Harry Winston jewelers, has made a $3-million pair of Judy Garland's famed ruby slippers. With 2,329 rubies and diamonds on each shoe, the dazzling slippers were designed with Garland's petite size in mind and are a Munchkin-sized 4, with about 25 carats of diamonds and 1,500 carats of rubies. The shoes were unveiled by Winston and co-host Donald Trump at the Trump Tower in Manhattan. Ivana Trump was on hand to reveal the fancy footwear, as green smoke transformed part of the Tower into Emerald City. Winston plans to make the slippers available to the Make-A-Wish Foundation for charity fund-raising.
If you're a male chief executive officer, chances are you wear a Seiko watch, according to the "Wall Street Journal Book of Chief Executive Style." Twenty-four percent of CEOs opt for Seiko, 16% choose Rolex, and 7% prefer Omega. Their favorite clothing store in Beverly Hills is Carroll & Co., and in New York it's Brooks Brothers, says a random survey published in the book. When it comes to suit colors, a majority (53%) of movers and shakers prefer a blue suit, followed by gray (39.6%). Only 4.3% choose brown, and black or black pinstripe tolled 2.32%. As for fashion statements, the typical CEO's is a walking anachronism. The vents on his suit were originally designed so that his coat could move freely over a saddle while jumping. And his dark suit, say the Journal editors, is a relic from the Industrial Revolution, when cities became too sooty for light-colored garments. If those editors on Wall Street would consider our smog-ridden town, they'd soon realize that L.A.'s CEOs in dark suits are right on the cutting edge of fashion.