Julianne Hough, Busy Philipps Stun at CFDA Fashion Awards in Risque Style Statements (PHOTOS)

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2012 Met Gala: Best Dressed
Who wowed fashion critics on the red carpet?
The CDFA Awards were held in New York City on Monday, June 4, and drew in some of Hollywood’s hottest style-savvy starlets.

Held every year, the Council of Fashion Designers of America recognize up and coming designers with grants to help their brands. Leading ladies like Rock of Ages‘ Julianne Hough, Avatar actress Zoe Saldana, Straw Dogs star Kate Bosworth and Mary-Kate and AshleyOlsen were all dressed to impress at last night’s ceremony.

One fashionista in particular took the opportunity to showcase a new ‘do.

Mary-Kate Olsen, 25, shocked a few by showing up brunette, making it quite easy to tell her apart from her identical twin sister Ashley. The siblings both rocked designs from their own line, THE ROW, in which they were awarded Womenswear Designers of The Year for the affair.

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Meanwhile, Hough, Saldana and Cougartown star Busy Philipps sported plunging necklines on the red carpet, with Saldana adding an extra goth glam to the night with her Prabal Gurung sheer dress.

Star stylist Rachel Zoe was also in attendance, shimmering in a full sequined long-sleeve dress, while model Hilary Rhoda raised the fashion bar in a striking high-slit cutout gown.

Take a look at the gallery above for all the A-list fashion moments. Which look was your favorite? Sound off in the comments!