Party on There are parties, and then there are post-parties. And if you can't afford to go to one, at least you have the other to fall back on. The good folk at the Hong Kong Cancer Fund are selling tickets for Utopia, a Millennium bash at the Hong Kong Convention & Exhibition Centre which will begin 30 minutes into the New Year. For a relatively reasonable $999 - and we gather tickets are going fast - guests will get international DJs, a spectacular dance act, cutting-edge lighting and stage effects and, of course, the all-important open bar. They will also walk away with a millennium souvenir by Hermes. And between all the drinking and partying, a good cause will be served: proceeds will go towards setting up a new Prince of Wales centre for cancer patients in Hong Kong. Sally Lo of the Hong Kong Cancer Fund is urging people to buy their tickets early: about 500 people tried to get in at the last minute to the Climax party organised by the fund to celebrate the handover. For information and tickets, contact Irene Lau on 2240-9803, or email firstname.lastname@example.org . Bag ladies With all these party plans floating around, here's the big question: what to wear? It seems women are stocking up on beaded bags, as if they needed more. The Landmark accessories boutique StyleTrek is reporting brisk business in some items, and waiting lists for others - like this hand-beaded bag which comes in green or purple, and which, says StyleTrek's owner Joanne Ooi, sells for 'only' $1,490. Accessories buffs are also snapping up hand-crocheted scarves embroidered with beaded dragonflies, which Ooi concedes are 'too warm for Hong Kong, frankly, but perfect for the glam tai-tai jetting off to Aspen and Gstaad'. Fashion statement Ooi appears to be in the right place at the right time, judging by the continuing craze for sweet little bags and girlie shoes. This week, Lane Crawford will open a sister store to its hugely popular on pedder boutique in Central. It will be in the Gateway shopping mall on Canton Road, Tsim Sha Tsui, and will contain favourite shoes by Manolo Blahnik, Diego Dolcini and Bernard Figueroa, and bags by Anya Hindmarch and Di Sandro, among others. If you prefer to stick to Central, the space adjoining on pedder - formerly the Rena Lange boutique - will be turned over next week to the shoes and bags of Italian designer Sergio Rossi. The Lane Crawford people decided - and rightly, too - that sexy stilettos, not classic blazers, are where fashion is at. Suit you, sir Mao From Icon To Irony, and Fashioning Mao are the titles of two displays running until April at London's Victoria & Albert Museum. Since they are intended to 'commemorate the impact of Mao Zedong on Chinese art and culture', and given the fact that the Chinese communist party has just turned 50, you may think the V&A could have done a slightly more expansive job. But despite the impressive build up - 'contemporary designers have incorporated the ubiquitous Mao badge into their designs in an act of self-conscious irony', says the bumph - a London-based Chinois cognoscenti who visited the museum said it was much ado about nothing. There are supposed to be plenty of examples of Mao-inspired fashions, and pieces from designers including Flora Cheong-leen, Vivienne Tam and Alan Chan, and from Shanghai Tang, whose vividly coloured jackets the museum describes as 'overturning the traditional symbolism of the Mao suit, so that it no longer represents the virtues of a proletarian life but screams decadence and luxury'. However, our London mole tells us 'the description doesn't seem to match what I found', which was four display cabinets containing mugs, stamps, watch faces and jewellery bearing Mao's image, and a few T-shirts. She said she was going to call the V&A to see if she missed anything. Highly animated It's great to see ex-Hong Kong citizens going on to international success. Tanya Traykovski, formerly a fashion buyer with Joyce Boutique, has begun her own accessories line in New York and seems to be doing terrifically well. Using a fictional, animated character named Isadora as her inspiration and motif, Traykovski has unveiled a collection of ponchos, capes, mufflers, shawls and scarves, all made in Southeast Asia from pure cashmere. The collection sold out in Harvey Nichols in London and Barney's New York in two days, and will shortly be available at Lane Crawford. An excited Traykovski told me of Isadora's plans for spring/summer. 'She's just returned from India, where she went to an ashram, did yoga and made friends with Japanese and Chinese women,' said Traykovski of her character. 'So for spring, she's doing kimonos and caftans in rich Indian colours, featuring lots of embroidery.'