New Year's Parties can be elegant and at the same time, extraordinarily fun. The perfect woman to leave NYE up to would be Coco Chanel. She would bring the right amount of class as a party hostess, and at the very same time, she would keep her ultra-cool while letting loose a little bit. Guests ought to wear a little black dress, which Coco invented in 1926. Add some gold sparkling touches because, after all, it's New Year's Eve and what other day is perfect for glitter?
Definitely don't be shy with the costume jewelry, which she popularized as well. Add some pearls and large cocktail rings for this cocktail party.
Coco would keep the drinks classic, champagne is a tradition for NYE, but I would suspect that she would add her own little twist on the presentation. Introducing golds, blacks, and whites would keep the glamour in a very 20's way.
Being such a proponent for the feminine figure, I think she would bring the ladylike daintiness through in the table setting. Bringing in lots of candles, glassware, and petite flowers, to make quite an elegant affair.
I can see Coco serving something somewhat luxurious yet easy to eat with a glass of champagne in your hand like baked clams. Seafood and champagne go well together, so better to put the pairs out together for this fete.
Golden bottom glassware photo source