Tuesday, June 5, 2012

PHOTOS: Olsen Twins Win Fashion's Biggest Prize

Tuesday, June 5, 2012
Things got a little rock and roll at Monday night's Council of the Fashion Designers of America Awards, which have been cheekily called "fashion's Oscars." Betsey Johnson showed us the Fiji water bottle of champagne that she had tucked in her gold purse. The host, "Saturday Night Live"'s Seth Meyers, flashed his underwear. Michelle Parker came onto the red carpet with nipples akimbo.

It was a big night: the CFDA's 50th anniversary, which made the annual award show even more grandiose, as designers, celebrities and the glitterati mingled at Alice Tully Hall at Lincoln Center to honor the year's best designs.

Click through to see who won big!
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