MTV Video Music Awards 2012: Best and Worst Fashion (GALLERY)

VMAs 2012 Moments
The best and worst moments from the MTV VMAs 2012.
MTV VMAs Winners
Who won big at the MTV Video Music Awards 2012?
One of the most exciting parts of the MTV Video Music Awards is always the red carpet, where you can catch Hollywood’s most eclectic style parade there is.

Fashion week may be taking place in New York City right now, but across the coast, Hollywood’s hottest performers were setting their own trends on the left coast at the VMAs

While outrageous fashion statements are pretty much expected at the annual event, which has been marked by everything from Lil’ Kim’s pasty disaster to Lady Gaga’s wacky meat dress, this year, we were shocked for a whole different reason.

Instead of a laundry list of worst and wackiest get-ups, we were pleasantly surprised by all the fashion winners we saw tonight.

Taylor Swift and Rihanna looked sophisticated and chic in all-white ensembles, while Katy Perry and Pink exuded elegance in long gowns.

Rather than exposed nipples and thongs, music’s A-listers seemed to have grown up, proving how chic it can be to cover up.

Still, it wouldn’t be the VMAs without some truly bold — and bad — looks. While most celebs stayed away from DIY dresses made of garbage bags or meat, there were some notable fashion faux-pas committed as well.

Check out the best and worst fashion at the 2012 MTV Video Music Awards in our gallery, above.

We’ve compiled our favorite style winners and misses from tonight’s VMA red carpet. Whether you agree with our style assessment or not, one thing is certain: This year’s VMA stars were all about taking fashion risks.