The invention consists in a dispensing device that can contain a dispensable preparation or product. The device comprises a wearable item including a body adapted and constructed to contain the dispensing product and allow it's dispensing therefrom or filling or refilling. The dispensing device is substantially ring-shaped with a gap in its circumference that is formed or manufactured as such. Also disclosed is refill/storage/display stand enabling the display of at least one dispensing device and/or refilling therefrom.