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Best Dressed at the CFDA Awards

The CFDA Awards are a chance for the fashion industry to honor its finest--last night the institution bestowed Marc Jacobs with a Lifetime Achievement award and design darlings Proenza Schouler took home the prize for Womenswear Designer of the Year. But what we really want to celebrate is the attendees' wardrobe choices for the evening. This annual event defines quintessential New York fashion--stylists, editors and celebrities who love them all dress to the nines for a night out with peers. Check out our favorite looks below:

Best Use of Color: Model Chanel Iman stunned in a turquoise loose-fitting caftan by BCBG.

Photo Credit: Getty Images

Fellow model Karlie Kloss was resplendent in a low-cut tomato red gown by Jason Wu.

Photo Credit: Getty Images

Best Menswear-Inspired Moment: Kirsten Dunst looked sleek and sexy in a navy wool and silk suit by Patrick Ervell.

Photo Credit: Getty Images

Leelee Sobieski surprised us--in the best possible way--in a white tuxedo with defined shoulders by Adam Kimmel and swoon-worthy cognac peep-toe booties.

Photo Credit: Evan Agostini/PictureGroup

Best Body After Baby: Miranda Kerr was jaw-droppingly gorgeous in a Michael Kors gown with strategically placed cutouts and a thigh-high slit that showcased her fabulous figure.

Photo Credit: Evan Agostini/PictureGroup

Best Avant-Garde Moment: You might expect us to say Lady Gaga in her custom Mugler look (can it even be called a gown?), spiked thong and all, but that's too obvious.

Photo Credit: Evan Agostini/PictureGroup

Instead, our vote is for model Karolina Kurkova, who wore Diane von Furstenberg, calling to mind the days of disco when a sequined hooded jumpsuit was de rigueur. Brava!

Photo Credit: Getty Images

Best Minimalist Moment: Model Liya Kebede wore a white Derek Lam gown that was simple and sleek perfection. Her look was effortless and we loved it.

Photo Credit: Getty Images

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