Fashion FAILs & FTWs Of The National Movie Awards (PHOTOS)

Last night’s National Movie Awards was a spectacle of fashion FAILs and FTWs, surprisingly mostly FTWs though. Beginning with Emma Watson, she’s adorable, and what better way to hit that carpet than in a Karl Lagerfeld delight? Even Katie Holmes kicked off the sweats for an evening in a boldly controversial gown. We think it’s kind of awesome, but then she had to go and expose her poor choice in shoes. Oh honey.

Click through the gallery for a full look at all of the fashion wonderment of the event. And for more fantastical fashion check out our coverage at Fashion FAILs & FTWs.