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PHOTOS: The Best Red Carpet Looks From Last Night's CFDA Fashion Awards

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Mary Kate Ashley CFDA

On Monday evening, designers and their celebrity dates gathered at Lincoln Center for the 2012 Council of the Fashion Designers of America Awards (CFDA).

The awards honor excellence in womenswear, menswear and accessories as well as extraordinary accomplishments in journalism, creative vision and lifetime achievement.

Mary-Kate and Ashley Olsen took home arguably the top prize of the night: Womenswear Designer of the Year for their luxury label The Row, while Billy Reid won Menswear Designer of the Year and Tommy Hilfiger accepted his Lifetime Achievement Award by profusely thanking his wife, Dee.

And while the designers were the stars of the evening, they were almost upstaged by their celebrity dates including actresses Zoe Saldana and Lily Collins. Almost.

Actress Lily Collins, in Marchesa, helped designer Phillip Lim celebrate his Swarovski award.



Mary-Kate and Ashley Olsen won the "Womenswear of the Year" award while wearing their own designs from The Row.



Padma Lakshmi, wearing Naeem Khan, was accompanied on the red carpet by the designer himself.



See the rest of the story at Business Insider

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