CFDA Awards

The Elder Statesman designer Greg Chait took home the top prize at this year's CFDA/Vogue Fashion Fund Awards, winning a $300,000 cash prize and mentorship program with fashion industry leaders. Known for his luxurious handmade cashmere collections, Chait looks set for big things if previous fund winners such as Alexander Wang, Joseph Altuzarra and Proenza Schouler are any indication. Burberry-clad Emma Stone presented the top gong alongside fashionable attendees including designer Christopher Bailey, Miranda Kerr in coral and black Giulietta, Alexa Chung and Allison Williams in cut-out Peter Som. So stylish, hurts your eyes.

The stars put their most fashionable feet forward on Tuesday for the CFDA Awards gala. All our favourites were there including Lily Collins, Dakota Fanning and the Olsen twins — looking amazing in various designer rags. The CMT Music Awards rocked Nashville, and co-host Kristen Bell looked super cute with hubby Dax Shepard. Film's premiered including Rock of Ages, and David and Victoria Beckham took the kids to Disneyland (Harper looked adorable in Mickey Mouse ears!). But the biggest event was the engagement announcement from Liam Hemsworth and Miley Cyrus — did you see her sparkler?! Click through to see the rest of the best...

Following yesterday's CFDA Awards, many of the celeb attendees gathered for an after party at the Top of the Standard. Kate Bosworth was in a cut-out gown from designer Joseph Altuzarra, and she sent a tweet of congrats after he nabbed a womenswear designer award. She wrote, "So proud of my friend tonight." Rachel Zoe, in her own design, mingled with the star-studded crowd. A Proenza Schouler-clad Dakota Fanning made the rounds alongside Lily Collins, who wore Marchesa. Sophia Bush was also on hand to celebrate, and she showed some skin in a tangerine David Meister Signature.

Others who reported to the Standard for cocktails included Mad Men's Jessica Paré, in Jason Wu, and a Kaufmanfranco-clad Julianne Hough. One person absent from all the celebrating was Johnny Depp, recipient of this year's fashion icon award. Director John Waters accepted Johnny's honour, since the actor is off on set in the Navajo Nation. Click through to see more pictures and check out all the 2012 CFDA winners.

It may be cold and miserable outside, but don't let that put a dampener on your beauty routine. If you want to brighten up your day, why not bypass Winter and look ahead to the Spring/Summer 2012 beauty trends. Not sure where to start? The attendees of the CFDA Awards showed their beauty acumen sporting several of Summer's hottest beauty trends. From winged eyeliner to braided hair to bold lips, the red carpet was full of inspiration for your next style.

Getting ready for big events is half the fun, and that's why we went behind the scenes with Rebecca Minkoff as she prepared for her night on the 2012 CFDA Awards red carpet. So see how it went down, and learn how easily you can convert this trendy look from the red carpet for your next seaside holiday.

Today's CFDA Awards drew an impressive crowd mixed with models, actors, fashion designers and industry heavyweights alike. Mary-Kate Olsen stood out from the fashion pack — and her sister — with shiny new brown locks, while Mandy Moore, Joan Smalls, Busy Philipps and Kate Bosworth jumped on the pink lip brigade with different interpretations of the candy-hued trend. Step inside our gallery for a closer look (with zoom and all!).

The Council of Fashion Designers of America (CFDA) Awards were held in NYC today, with some of Hollywood’s most stylish celebrities coming together to celebrate design talent. Mary-Kate Olsen, who showed off new, darker hair, won the womenswear designer of the year award with her sister Ashley for their work on The Row. Kate Bosworth arrived on the arm of designer Joseph Altuzarra, while Dakota Fanning was joined by the Proenza Schouler duo. Rachel Zoe wore one of her own creations and brought husband Rodger Berman as her date, and inside the cocktail event she linked up with Lily Collins for some photos. Other stars at the CFDA Awards included Mandy Moore, Julianne Hough and Zoe Saldana, while models and fashion insiders also brought their stylish A-game.

Today's CFDA Awards are akin to the Oscars of the fashion industry; shining light on the most talented and most creative in the field. Apart from the stellar nominees list, the CFDA's are guaranteed to draw a well-dressed crowd thanks to the slew of supportive designers, bloggers, celebrities and last but not least, the models who are invited to fête fashion's finest. We've rounded up the genetically blessed beauties who has graced the red carpet (so far). Stay tuned for more updates as we update the gallery with the best dressed models for the CFDA Awards.

We're backing up from yesterday's frock-filled MTV Movie Awards with the 2012 CFDAs, which next to the Met Ball Gala is like the Oscars of the fashion industry. Already we're seeing some of our favourite designers, models and bloggers sharing behind-the-scenes snaps of their party prep via social media channels. From Garance Doré's gorgeous Derek Lam gown to Prabal Gurung's well-dressed date to The Man Repeller's laid-back look; we're getting the goss before the fash' pack hits the red rug. Step inside for a first look at this year's CFDA best dressed.