This is pretty much the closest thing the fashion industry has to the Oscars so needless to say, it’s a big deal. With past winners including Phillip Lim, Tom Ford, Francisco Costa, Oscar de la Renta, Alber Elbaz and Marc Jacobs, this years winners are in excellent company.

It being a major fashion event, everyone was out and looking super good wise.

Anja Rubik in Kaufman Franco

Ashley Olsen

Daphne Guinness in Proenza Schuler

Diane Kruger in Jason Wu

Dree Hemingway in Alexander Wang

Kirsten Dunst in Rodarte

Lake Bell in Louis Vuitton

Lauren Santa Domingo in Michael Kors

Vena Cava’s Sophie Buhai and Lisa Mayock with Erin Fetherston

Vera Wang in her own design

Yes, I like to do things in alphabetical order, in case you didn’t already know that about me!

The Winners were as follows:

2009 Womenswear Designer of the Year:
Rodarte’s Kate and Laura Mulleavy

2009 Menswear Designer of the Year (tie):
Calvin Klein Collection’s Italo Zucchelli
Scott Sternberg for Band of Outsiders

2009 Accessory Designer of the Year:
Proenza Schouler’s Jack McCollough and Lazaro Hernandez

Swarovski Award for Womenswear:
Alexander Wang

Swarovski Award for Menswear:
Tim Hamilton

Swarovski Award for Accessory Design:
Justin Giunta for Subversive Jewelry

International Award:
Marc Jacobs for Louis Vuitton

Geoffrey Beene Lifetime Achievement Award:
Anna Sui

The Board of Directors’ Special Tribute Award:
First Lady Michelle Obama

Popular Vote Award:
Ralph Lauren

Delighted about Alexander Wang and the Mulleavey sisters, they more than deserve after a phenomenal year for both labels. Subversive Jewelery is also so so amazing, I can’t talk it up enough!!

Photos: Style.com

It does irk me that this collection seems to be heavily “influenced” by the Luella aesthetic but I’m not complaining too much. If I get married, I want to look like a frilly cupcake like the last three pictures