In a coup for Australian beauty company Model Co. their innovative Lip Lights (yes truly a lip gloss fitted with a light and mirror for perfect out-on-the-town application) has been included in the Vanity Fair Oscar's Bag which is being handed out to all nominees, presenters and Hollywood A-Listers heading down the red-carpet. Now what better way to spread the goss about your gloss?

Apparently Victoria's Secret has given gifts to the six best actress nominees as well. Two of these treats include a Very Sexy Diamond Collection Lip Gloss adorned with diamonds and pink sapphires (you wouldn't want to leave that in the ladies accidentally), an Angels Secret Embrace Strapless bra which is covered with a white gold chain with fourteen diamonds weighing close to four carats and a pave diamond pendant at the centre of the cleavage...

The other hot present in LA is the creation of private retreats where celebs are being indulged in the finest foods, drinks, entertainment and treatments in the company of their friends. These on-the-spot treats will no doubt help keep clear away from any issues that gifts (cars and diamond rings!) have caused in the past with some income tax declarations.