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Story | Jan 17, 2013 | 4:29 PMIn the Eastern Hemisphere, the Lunar New Year, also known as the Chinese New Year, Spring Festival, is the most important holiday occasion on the annual calendar. In Orange County, the Lunar New Year celebration, which begins Feb. 10, is being observed throughout the region with considerable excitement and hope for a healthy and prosperous 2013. For those unaware, the holiday is an occasion when red envelopes signifying good luck are often filled with money and presented to loved ones and friends in a symbolic gesture of good faith. Lunar New Year has also become an important occasion for our retail friends in the community, inasmuch as gift-giving is a significant aspect of marking the occasion.