Understandably, the designer, wife, mother of five and chief creative officer Lubov Azria is busy every time of year. Aiding the vision of multiple fashion houses ( BCBGMAXAZRIA and Herve Leger), running the Bon Chic Blog and managing several impressively active social-media accounts while preparing a bustling household for the holiday is an extraordinary charge. But, as with every opportunity, Azria approaches it with elegance. (On that note, have you seen her outfits of the day on Facebook?)

What's the best gift you've ever received?

So, can you blame us for asking Azria for a few tips on graceful giving?

I think the gift of experience is the best gift I have ever received. My best friends once gave me ten things that they knew were on my bucket list. I will always cherish that.

What is "the perfect gift" anyway?

To me, the perfect gift is something versatile, something they can wear and use all the time. I like to really sit down and ask myself, "What do they love? What do they need?" When you pick out a gift based on your knowledge of the person, it makes it all the more special.

I typically do the hosting, especially around the holidays, but my go-to gift would be a nice candle. For a holiday party, maybe a bottle of champagne or a dessert. You can never have too many desserts.